News / Science & Technology

Gates: Philanthropy Depends On Innovation

Gates: Philanthropy Depends On Innovationi
|| 0:00:00
...
 
🔇
X
March 14, 2014 4:09 AM
Bill Gates, one of the world's leading inventors, businessmen and donors, says philanthropy, like technology, depends on innovation for best results. Zlatica Hoke has more.

Gates: Philanthropy Depends On Innovation

Zlatica Hoke
Bill Gates, one of the world's leading inventors, businessmen and donors, said that philanthropy, like technology, depends on innovation to achieve the best possible results. Gates said in Washington Thursday that most innovation is driven by private enterprise, but that only governments can make broader social improvements.
 
Many would say that Bill Gates's technological inventions have had a most profound impact on people's lives in recent decades. He is now working to improve people's lives in other areas. His charitable foundation is at the forefront in fighting deadly diseases and poverty.
 
He told an audience at the American Enterprise Institute in Washington Thursday that his philanthropic work is focused on areas that governments cannot cover.
 
"There are things in terms of trying out social programs in innovative ways that government is just  -- because of the way the job incentives work - they are not going to try out new designs like philanthropy can, and they are not going to have volunteer hours coming in to leverage their resources like philanthropy can," said Gates.  
 
Gates said charity plays a huge role in America. He noted that universities produce successful professionals who then give financial support to universities.  He said privately funded institutions in the United States produce inventions that no government can produce. As an example, he cited the March of Dimes Foundation and its initiative to eradicate polio. The foundation has financed the development of two polio vaccines, an earlier one created by Jonas Salk and a more recent oral vaccine developed by Albert Sabin. 
 
"The March of Dimes [foundation] invented the polio vaccine - the thing that we are using to go out and eradicate -- make it the second disease after smallpox that gets eradicated.  This is the oral polio vaccine.  That's 10 doses and this thing costs $1.30 or 13 cents per kid  - that was philanthropic money, March of Dimes money that caused both its predecessor, called IPV (inactivated poliovirus vaccine), which was the Salk shot, this is the Sabin oral -- they created those things," said Gates.
 
But Gates pointed out that philanthropy cannot be a substitute for the government in achieving wider societal improvements in areas such as public health, education, employment and others. 
 
"When you want to give every child in America a good education, or make sure they are not starving, that's got to be [done by] government because philanthropy isn't there day in and day out serving the entire population. It's just not of the scale or the design to do that. It's there to try out things, including funding disease research or, you know, academic studies to see if something's more effective," said Gates. 
 
Gates said philanthropy depends on research and innovation in seeking solutions for societal problems, but that it is the government's role to work for an overall better society.

You May Like

Ukraine Purges Interior Ministry Leadership With Pro-Russian Ties

Interior Minister Avakov says 91 people 'in positions of leadership' have been fired, including 8 generals found to have links to past pro-Moscow governments More

US Airlines Point to Additional Problems of any Ebola Travel Ban

Airline officials note that even under travel ban, they may not be able to determine where passenger set out from, as there are no direct flights from Liberia, Guinea or Sierra Leone More

Nigerian President to Seek Another Term

Goodluck Jonathan has faced intense criticism for failing to stop Boko Haram militants More

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Talks to Resume on Winter Gas for Ukrainei
X
Al Pessin
October 25, 2014 4:21 PM
Ukrainian and Russian officials will meet again next week in an effort to settle their dispute over natural gas supplies that threatens to leave Ukraine short of heating fuel for the coming winter. VOA’s Al Pessin reports from London the dispute is complex, and has both economic and geopolitical dimensions.
Video

Video Talks to Resume on Winter Gas for Ukraine

Ukrainian and Russian officials will meet again next week in an effort to settle their dispute over natural gas supplies that threatens to leave Ukraine short of heating fuel for the coming winter. VOA’s Al Pessin reports from London the dispute is complex, and has both economic and geopolitical dimensions.
Video

Video Smugglers Offer Cheap Passage From Turkey to Syria

Smugglers in Turkey offer a relatively cheap passage across the border into Syria. Ankara has stepped up efforts to stem the flow of foreign fighters who want to join Islamic State militants fighting for control of the Syrian border city of Kobani. But porous borders and border guards who can be bribed make illegal border crossings quite easy. Zlatica Hoke has more.
Video

Video China Political Meeting Seeks to Improve Rule of Law

China’s communist leaders will host a top level political meeting this week, called the Fourth Plenum, and for the first time in the party’s history, rule of law will be a key item on the agenda. Analysts and Chinese media reports say the meetings could see the approval of long-awaited measures aimed at giving courts more independence and include steps to enhance an already aggressive and high-reaching anti-corruption drive. VOA’s Bill Ide has more from Beijing.
Video

Video After Decades of Pressure, Luxembourg Drops Bank Secrecy Rules

European Union finance ministers have reached a breakthrough agreement that will make it more difficult for tax cheats to hide their money. The new legislation, which had been blocked for years by countries with a reputation as tax havens, was approved last week after Luxembourg and Austria agreed to lift their vetoes. But as Mil Arcega reports, it doesn’t mean tax cheats have run out of places to keep their money hidden.
Video

Video Kobani Refugees Welcome, Turkey Criticizes, US Airdrop

Residents of Kobani in northern Syria have welcomed the airdrop of weapons, ammunition and medicine to Kurdish militia who are resisting the seizure of their city by Islamic State militants. The Turkish government, however, has criticized the operation. VOA’s Scott Bobb reports from southeastern Turkey, across the border from Kobani.
Video

Video US ‘Death Cafes’ Put Focus on the Finale

In contemporary America, death usually is a topic to be avoided. But the growing “death café” movement encourages people to discuss their fears and desires about their final moments. VOA’s Jerome Socolovsky reports.
Video

Video Ebola Orphanage Opens in Sierra Leone

Sierra Leone's first Ebola orphanage has opened in the Kailahun district. Hundreds of children orphaned since the beginning of the Ebola outbreak face stigma and rejection with nobody to care for them. Adam Bailes reports for VOA about a new interim care center that's aimed at helping the growing number of children affected by Ebola.

All About America

AppleAndroid