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Entrepreneurial innovation in health: Thinking beyond form and function
- 1. Text Text EIT Health is supported by the EIT, a body of the European Union Entrepreneurial Innovation in Health K. Debackere | Rotterdam | February 25, 2016
- 2. Text Text 2 Challenges: a confusing picture? • A few recent, insightful and challenging writings: • Levy & Murnane, The new Division of Labour, 2005 --- SKILLS • Brynjolfsson & McAfee, The Second Machine Age, 2014 --- DIGITIZATION • The Economist: Wealth without Work, Work without Wealth, 2014 --- JOBS • Piketty, Capital in the 21st Century, 2014 --- INEQUALITY • Mazzucato, The Entrepreneurial State: Debunking Public versus Private Sector Myths, 2014 --- INCLUSIVE INNOVATION • Mizruchi,Fracturing of the American Corporate Elite, 2014 --- COHESION • Gordon, The Rise and Fall of American Growth, 2016 --- PRODUCTIVITY
- 3. Text Text 3 Challenges: embracing this confusion Nowotny, The Cunning of Uncertainty, 2016 Uncertainty is interwoven into human existence. It is a powerful incentive in the search for knowledge and an inherent component of scientific research. Science continues to transform uncertainties into certainties but this certainty always remains provisional. Such is the cunning of uncertainty: it appears at unexpected moments, it shuns the straight line, takes the oblique route and sometimes the unexpected shortcut. The more we acknowledge the cunning of uncertainty, the less threatened we feel by it. This message is vital for politicians and policy makers: do not be tempted by small, short term, controllable gains to the exclusion of uncertain, high-gain opportunities. Two change agents: scientists and entrepreneurs. Leading creative destruction.
- 4. Text Text EIT Health: embracing the challenges OutreachDissemination GROWTHINNOVATION CAPABILITIES JOBS Business creation activities Higher education activities Innovation- driven research activities Research actors Business actors Higher education actors Entrepreneurship Entrepreneurial talent Start-ups, Spin-offs New products, services and business models
- 5. Text Text Opportunities in the Knowledge Triangle (ECOOM, 2012)
- 6. Text Text Opportunities in the Knowledge Triangle (ECOOM, 2012) In line with previous research, the findings show that, in general, co-ownership of patented inventions presents important challenges in appropriating value. However, making a more fine-grained distinction between different types of partner (i.e. intra-industry, inter-industry, and university), we observe that these appropriation challenges are most pronounced when firms co-patent with firms situated within the same industry. This finding suggests that, to assess the extent to which co-patenting may restrict a firm’s ability to reap the commercial benefits of collaborative R&D efforts, it is important to consider the extent to which partners operate in overlapping exploitation domains. When both partners are active in different exploitation domains, as is likely the case with inter-industry partners, sharing ownership of the knowledge accruing from collaborative R&D is less likely to restrict their ability to appropriate the commercial benefits of the technology at hand. In contrast, when firms are active within the same industry, there is a high likelihood that – for a certain number of application domains – shared IP is associated with competing exploitation strategies, reducing value appropriation for the focal firm. At the same time, we observe a significant positive relationship between co-patents with universities and market valuation. This result is likely to derive from the lack of appropriation risks from co-patenting with these types of partner.
- 7. Text Text Meaning: a new innovation dimension Frankl, Man’s Search for Meaning (1959): The meaning of your life is to help others find the meaning of theirs. Translating this statement to the entrepreneurial venture: The meaning of my product or service is to help others find its meaning to them.
- 9. Text Text 9 Innovation: Function – Form - Meaning ART S&T MATERIAL PRODUCTS ICONIC PRODUCTS - IMMATERIAL Meaning Form Function Graphics + branding Graphic design Fashion Interior design Industrial design Styling Craft products Ergonomics Design of capital goods Engineering design Engineering component design
- 10. Text Text EIT Health: discovering meaning in health innovation Support Active Ageing Workplace interventions Overcoming functional loss Optimise the physical working environment Improve Healthcare Improving healthcare systems Treating and managing chronic diseases Establish holistic care solutions in home and clinical settings Promote Healthy Living Enable people to take charge of their own health Lifestyle intervention Self-management of health
- 11. Text Text EIT Health: giving meaning to health innovation Professional inertia Professional-centric • Surrender • Formal • Institutional care Expert opinion I am entitled to health care Empowerment Citizen-centric • Actively involved • Individual norms • Own-control Own values and norms I am supported in managing my own health What matters to you?What is the matter with you?