Economists Propose 'Consumer Reports' for Ed. Tech. - Marketplace K-12 - Education Week - 0 views
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Enid Baines on 30 Sep 12out that K-12 education accounts for 0.2 percent of the research and development expenditures in the U.S., a fraction of what is spent in the pharmaceutical industry, which is also highly regulated. A low-cost, rigorous, and rapid way to conduct randomized trials in schools would help education innovate at a rate similar to that of the general technology industry, where products are put in front of users early and often and companies are in a constant state of change, the paper argues. Though that's what could make the public nature of the results a hard selling point to entrepreneurs.