A New Model for Industrial Policy

peration Warp Speed1 (OWS) was launched on May 15, 2020. A partnership between the Departments of Health and Human Services (HHS) and Defense (DoD), other agencies, and the private sector, its goal was to “accelerate the testing, supply, development, and distribution of safe and effective vaccines, therapeutics, and diag­nostics to counter Covid-19.” As a result of OWS, millions of lives were saved from the pandemic.