Dana Goldman - [Another question is how to change incentives for developing the...

[Another question is how to change incentives for developing the technologies in the first place.] In the automotive and consumer-electronics industries, there are incentives to develop good, cheap DVD players or good, cheap cars,.. When it comes to medical technology, there is no incentive to develop something that's pretty good but less expensive because the people who are buying it don't pay for it. It's not surprising that everyone wants a Cadillac instead of a Hyundai.

Dana Goldman

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[Another question is how to change incentives for developing the technologies in the first place.] In the automotive and consumer-electronics industries, there are incentives to develop good, cheap DVD players or good, cheap cars,.. When it comes to medical technology, there is no incentive to develop something that's pretty good but less expensive because the people who are buying it don't pay for it. It's not surprising that everyone wants a Cadillac instead of a Hyundai. Dana Goldman
theysaidso.com They Said So®

Related Topics

medical technology change people good question place cars cheap pretty

Keywords

[ question change incentives developing technologies place ] automotive consumer-electronics industries develop good cheap dvd players cars medical technology incentive pretty expensive people buying pay surprising cadillac hyundai

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"A quote by Dana Goldman" theysaidso.com, 2024. Jul 28, 2024. https://theysaidso.com/quote/dana-goldman-another-question-is-how-to-change-incentives-for-developing-the-tec
APA Style Citation
"A quote by Dana Goldman" (n.d.). theysaidso.com. Retrieved Jul 28, 2024, from theysaidso.com web site : https://theysaidso.com/quote/dana-goldman-another-question-is-how-to-change-incentives-for-developing-the-tec
Chicago Style Citation
"A quote by Dana Goldman". theysaidso.com, 2024. https://theysaidso.com/quote/dana-goldman-another-question-is-how-to-change-incentives-for-developing-the-tec , accessed Jul 28, 2024.

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