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University of Chicago’s Market Shaping Accelerator Launch Event

Threats to the global community — such as climate change and pandemics — demand urgent innovation and action at scale. The University of Chicago’s Market Shaping Accelerator (MSA) aims to identify market failures where commercial incentives trail behind the social value and address these by creating incentives for the private sector to innovate. Building on global successes in vaccine development, MSA aims to accelerate innovation to solve the world’s most pressing challenges by leveraging the future purchasing power of governments, multilateral institutions, and philanthropies.

The University of Chicago hosted a special launch event on the evening of May 4, 2023 at the International Monetary Fund in Washington, D.C. to learn more about the Market Shaping Accelerator and the $2 million Innovation Challenge.

With support from the Chicago Economics Society.



Thursday, May 4, 2023
5:30 pm - 6:00 pm
Networking Reception
6:00 pm - 6:05 pm
Welcome and Introductions

Paolo Mauro, Deputy Director, Fiscal Affairs Department, International Monetary Fund

6:05 pm - 6:15 pm
Presenting UChicago’s Market Shaping Accelerator & Innovation Challenge 2023

Rachel Glennerster, Associate Professor of Economics, University of Chicago; former Chief Economist at the Foreign Commonwealth & Development Office (FCDO) and the Department for International Development in the UK; former Executive Director of the Abdul Latif Jameel Poverty Action Lab (J-PAL)

Michael Kremer, University Professor in Economics, University of Chicago and Director of the Development Innovation Lab and 2019 Nobel Laureate

6:15 pm - 6:45 pm
Panel I: The Economics of Accelerating Innovation

Susan Athey, Economics of Technology Professor, Stanford Graduate School of Business; Senior Fellow at the Stanford Institute for Economic Policy Research; Chief Economist of the Antitrust Division at the U.S. Department of Justice (DOJ) (Panelist)

Michael Kremer, University of Chicago (Panelist)

Jean Tirole, Honorary Chairman of the Foundation JJ Laffont-Toulouse School of Economics (TSE) and of the Institute for Advanced Study in Toulouse (IAST); Scientific Director of TSE-Partnership; 2014 Nobel Laureate (Panelist)

Christopher Snyder, Joel Z. and Susan Hyatt Professor in Economics, Dartmouth College (Moderator)

6:45 pm - 7:00 pm
Panel I Q&A
7:00 pm - 7:30 pm
Panel II: Market Shaping to Solve Global Crises (Pandemics + Climate Change)

Catherine Bremner, Former Director of International Climate and Energy in the Department for Business, Energy and Industrial Strategy in the UK (Panelist)

Jane Flegal, Climate at Stripe; Former Senior Director for Industrial Emissions, White House Office of Domestic Climate Policy (Panelist)

Matthew Hepburn, Senior Advisor at the Office of Science and Technology Policy, leading the effort on implementing the American Pandemic Preparedness Plan (Panelist)

Rachel Glennerster, University of Chicago (Moderator)

7:30 pm - 7:40 pm
Panel II Q&A
7:40 pm - 8:00 pm
Closing Remarks

Rachel Glennerster, University of Chicago