Finding the Endless Frontier: Lessons from Life Sciences for Energy Innovation
1. FINDING THE ENDLESS FRONTIER: LESSONS FROM LIFE SCIENCES FOR ENERGY INNOVATION IAIN COCKBURN, BU AND NBER SCOTT STERN, NORTHWESTERN AND NBER JACK ZAUSNER, MCKINSEY & CO NBER ACCELERATING ENERGY INNOVATION CONFERENCE WASHINGTON, DC OCTOBER 2009
2.
3.
4. The Power of Life Sciences Innovation Despite the complex nature of HIV/AIDS and high transmission potential, AIDS combination therapies developed in the early 1990s have dramatically reduced the AIDS death rate in the developed world
5.
6. Evolution of the Life Sciences Innovation System Big Pharma CROs Good Old Days Public sector science Big Pharma Biology Drugs The Present Public sector science Tool biotechs Product biotechs
7.
8. Creates a highly complex, interdependent (and hard-to-manage) innovation network Powell et al. (2005)
9. LESSONS FOR A SCIENCE-BASED CLIMATE CHANGE INNOVATION SYSTEM
10.
11.
12.
13.
14.
15.
16.
Editor's Notes
Revolutionary advances in basic science have generated radical shifts in the technology base of commercial activity: chemistry ď biology Dis-integration of the industry into specialized layers Emergence of new organizational forms (science-based entrepreneurship, AMCs), and supporting âinfrastructureâ (VCs, patent lawyers, university TLOs, etc.) Adaptation of incumbent firms, federal agencies, universities