Article by Tom Kalil: “NASA and the Defense Department have developed an analytical framework called the “technology readiness level” for assessing the maturity of a technology – from basic research to a technology that is ready to be deployed.
A policy entrepreneur (anyone with an idea for a policy solution that will drive positive change) needs to realize that it is also possible to increase the “policy readiness” level of an idea by taking steps to increase the chances that a policy idea is successful, if adopted and implemented. Given that policy-makers are often time constrained, they are more likely to consider ideas where more thought has been given to the core questions that they may need to answer as part of the policy process.
A good first step is to ask questions about the policy landscape surrounding a particular idea:
1. What is a clear description of the problem or opportunity? What is the case for policymakers to devote time, energy, and political capital to the problem?
2. Is there a credible rationale for government involvement or policy change?
Economists have developed frameworks for both market failure (such as public goods, positive and negative externalities, information asymmetries, and monopolies) and government failure (such as regulatory capture, the role of interest groups in supporting policies that have concentrated benefits and diffuse costs, limited state capacity, and the inherent difficulty of aggregating timely, relevant information to make and implement policy decisions.)
3. Is there a root cause analysis of the problem? …(More)”.
