SlideShare a Scribd company logo
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
The Nixon Innovation Agenda ,[object Object],[object Object],[object Object],[object Object],[object Object],During the 1970s, Federal programs directed significant attention and resources towards both energy and life sciences innovation….
Federal funding priorities ,[object Object]
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
Drivers of the Life Sciences Innovation System ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
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
Evolution of the Life Sciences Innovation System ,[object Object],[object Object],[object Object],[object Object]
Creates a highly complex, interdependent (and hard-to-manage)  innovation network Powell et al. (2005)
LESSONS FOR A SCIENCE-BASED CLIMATE CHANGE INNOVATION SYSTEM
Lesson #1: Slow and Steady ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Rome wasn’t built in a day—from an economic and innovation policy perspective, the lesson is that the design principles and technologies that comprised ancient Rome took centuries to develop.
Lesson #2: Bottom-up Agenda ,[object Object],[object Object],[object Object],[object Object],Attempts to significantly reduce the freedom of investigators and entrepreneurs rarely result in important breakthroughs precisely because they reduces the diversity of experimentation.
Lesson #3: Competition ,[object Object],[object Object],[object Object],[object Object],Lack of competition within innovation results in both traditional static losses of monopoly pricing, and reduced diversity and experimentation within the research community itself
Lesson #4: Transparency, Openness ,[object Object],[object Object],[object Object],[object Object],Openness facilitates access to prior discoveries and provides incentives for the disclosure of new discoveries—a powerful institutional framework for step-by-step scientific and technical progress.
Lesson #5: Rewarding Innovators ,[object Object],[object Object],[object Object],[object Object],[object Object],Regulation governing product market access can play a crucial role in shaping innovation incentives; product market regulation and intellectual property rights policy can be powerful complements
Lesson #6: Diversity, adaptation ,[object Object],[object Object],[object Object],[object Object],[object Object],A tolerance for diversity and a willingness to adapt have been hallmarks of the life sciences innovation system.  Effective institutions and infrastructure for life sciences research have emerged from an extraordinary amount of organizational and institutional experimentation—within which most initiatives fail.
Conclusion ,[object Object],[object Object],[object Object],[object Object],[object Object]

More Related Content

Similar to Finding the Endless Frontier: Lessons from Life Sciences for Energy Innovation

JordanBentley_SENIORTHESIS_PatentTrendsinAppliedPhysicsIndustry
JordanBentley_SENIORTHESIS_PatentTrendsinAppliedPhysicsIndustryJordanBentley_SENIORTHESIS_PatentTrendsinAppliedPhysicsIndustry
JordanBentley_SENIORTHESIS_PatentTrendsinAppliedPhysicsIndustry
Jordan Bentley
 
Life science innovation imperative
Life science innovation imperativeLife science innovation imperative
Life science innovation imperative
Innogen
 
Realizing a UK National Compound Collection
Realizing a UK National Compound CollectionRealizing a UK National Compound Collection
Realizing a UK National Compound Collection
Royal Society of Chemistry
 
Bill Wicksteed
Bill WicksteedBill Wicksteed
Bill Wicksteed
gratsaniti
 
How to finance the biomedical research with securitization techniques, a prac...
How to finance the biomedical research with securitization techniques, a prac...How to finance the biomedical research with securitization techniques, a prac...
How to finance the biomedical research with securitization techniques, a prac...
Paolo Vaona
 
Alpsp Conf 10 Sep 09
Alpsp Conf 10 Sep 09Alpsp Conf 10 Sep 09
Alpsp Conf 10 Sep 09
Research Information Network
 
Scienceandinnovationslides 130701090352-phpapp01
Scienceandinnovationslides 130701090352-phpapp01Scienceandinnovationslides 130701090352-phpapp01
Scienceandinnovationslides 130701090352-phpapp01
nombuso vilakazi
 
Life Science Innovation Imperative Slides
Life Science Innovation Imperative SlidesLife Science Innovation Imperative Slides
Life Science Innovation Imperative Slides
Innogen
 
The Growing Call for Open Access - Heather Joseph (2007)
The Growing Call for Open Access - Heather Joseph (2007)The Growing Call for Open Access - Heather Joseph (2007)
The Growing Call for Open Access - Heather Joseph (2007)
faflrt
 
Sub Ip
Sub IpSub Ip
Sub Ip
ROSEMARY DC
 
FasterCures Presentation: Fostering innovation while delivering treatments an...
FasterCures Presentation: Fostering innovation while delivering treatments an...FasterCures Presentation: Fostering innovation while delivering treatments an...
FasterCures Presentation: Fostering innovation while delivering treatments an...
TRAIN Central Station
 
Science & Innovation 2014: Foresighting Trajectories for Advanced Innnovative...
Science & Innovation 2014: Foresighting Trajectories for Advanced Innnovative...Science & Innovation 2014: Foresighting Trajectories for Advanced Innnovative...
Science & Innovation 2014: Foresighting Trajectories for Advanced Innnovative...
Innogen
 
The International Political Economy of Technology and Innovation.docx
The International Political Economy of Technology and Innovation.docxThe International Political Economy of Technology and Innovation.docx
The International Political Economy of Technology and Innovation.docx
jmindy
 
Open scholarship and responsible innovation: a research and innovation agenda...
Open scholarship and responsible innovation: a research and innovation agenda...Open scholarship and responsible innovation: a research and innovation agenda...
Open scholarship and responsible innovation: a research and innovation agenda...
Fondazione Giannino Bassetti
 
Why responsible innovation vonschomberg-ext.[6689]
Why responsible innovation vonschomberg-ext.[6689]Why responsible innovation vonschomberg-ext.[6689]
Why responsible innovation vonschomberg-ext.[6689]
Rene Von schomberg
 
Open Innovation Whitepaper
Open Innovation WhitepaperOpen Innovation Whitepaper
Open Innovation Whitepaper
Bhuvaneashwar Subramanian
 
Sustainability, Development, Social Justice: Towards a new politics of innova...
Sustainability, Development, Social Justice:Towards a new politics of innova...Sustainability, Development, Social Justice:Towards a new politics of innova...
Sustainability, Development, Social Justice: Towards a new politics of innova...
STEPS Centre
 
Re|Imagine: Improving the Productivity of Federally Funded University Research
Re|Imagine: Improving the Productivity of Federally Funded University ResearchRe|Imagine: Improving the Productivity of Federally Funded University Research
Re|Imagine: Improving the Productivity of Federally Funded University Research
Ed Morrison
 
Draft innovation strategy innov8 presentation v1
Draft innovation strategy innov8 presentation v1Draft innovation strategy innov8 presentation v1
Draft innovation strategy innov8 presentation v1
Saine
 
Science and Engineering Ethics (2003) 9, 49-57Science and .docx
Science and Engineering Ethics (2003) 9, 49-57Science and .docxScience and Engineering Ethics (2003) 9, 49-57Science and .docx
Science and Engineering Ethics (2003) 9, 49-57Science and .docx
jeffsrosalyn
 

Similar to Finding the Endless Frontier: Lessons from Life Sciences for Energy Innovation (20)

JordanBentley_SENIORTHESIS_PatentTrendsinAppliedPhysicsIndustry
JordanBentley_SENIORTHESIS_PatentTrendsinAppliedPhysicsIndustryJordanBentley_SENIORTHESIS_PatentTrendsinAppliedPhysicsIndustry
JordanBentley_SENIORTHESIS_PatentTrendsinAppliedPhysicsIndustry
 
Life science innovation imperative
Life science innovation imperativeLife science innovation imperative
Life science innovation imperative
 
Realizing a UK National Compound Collection
Realizing a UK National Compound CollectionRealizing a UK National Compound Collection
Realizing a UK National Compound Collection
 
Bill Wicksteed
Bill WicksteedBill Wicksteed
Bill Wicksteed
 
How to finance the biomedical research with securitization techniques, a prac...
How to finance the biomedical research with securitization techniques, a prac...How to finance the biomedical research with securitization techniques, a prac...
How to finance the biomedical research with securitization techniques, a prac...
 
Alpsp Conf 10 Sep 09
Alpsp Conf 10 Sep 09Alpsp Conf 10 Sep 09
Alpsp Conf 10 Sep 09
 
Scienceandinnovationslides 130701090352-phpapp01
Scienceandinnovationslides 130701090352-phpapp01Scienceandinnovationslides 130701090352-phpapp01
Scienceandinnovationslides 130701090352-phpapp01
 
Life Science Innovation Imperative Slides
Life Science Innovation Imperative SlidesLife Science Innovation Imperative Slides
Life Science Innovation Imperative Slides
 
The Growing Call for Open Access - Heather Joseph (2007)
The Growing Call for Open Access - Heather Joseph (2007)The Growing Call for Open Access - Heather Joseph (2007)
The Growing Call for Open Access - Heather Joseph (2007)
 
Sub Ip
Sub IpSub Ip
Sub Ip
 
FasterCures Presentation: Fostering innovation while delivering treatments an...
FasterCures Presentation: Fostering innovation while delivering treatments an...FasterCures Presentation: Fostering innovation while delivering treatments an...
FasterCures Presentation: Fostering innovation while delivering treatments an...
 
Science & Innovation 2014: Foresighting Trajectories for Advanced Innnovative...
Science & Innovation 2014: Foresighting Trajectories for Advanced Innnovative...Science & Innovation 2014: Foresighting Trajectories for Advanced Innnovative...
Science & Innovation 2014: Foresighting Trajectories for Advanced Innnovative...
 
The International Political Economy of Technology and Innovation.docx
The International Political Economy of Technology and Innovation.docxThe International Political Economy of Technology and Innovation.docx
The International Political Economy of Technology and Innovation.docx
 
Open scholarship and responsible innovation: a research and innovation agenda...
Open scholarship and responsible innovation: a research and innovation agenda...Open scholarship and responsible innovation: a research and innovation agenda...
Open scholarship and responsible innovation: a research and innovation agenda...
 
Why responsible innovation vonschomberg-ext.[6689]
Why responsible innovation vonschomberg-ext.[6689]Why responsible innovation vonschomberg-ext.[6689]
Why responsible innovation vonschomberg-ext.[6689]
 
Open Innovation Whitepaper
Open Innovation WhitepaperOpen Innovation Whitepaper
Open Innovation Whitepaper
 
Sustainability, Development, Social Justice: Towards a new politics of innova...
Sustainability, Development, Social Justice:Towards a new politics of innova...Sustainability, Development, Social Justice:Towards a new politics of innova...
Sustainability, Development, Social Justice: Towards a new politics of innova...
 
Re|Imagine: Improving the Productivity of Federally Funded University Research
Re|Imagine: Improving the Productivity of Federally Funded University ResearchRe|Imagine: Improving the Productivity of Federally Funded University Research
Re|Imagine: Improving the Productivity of Federally Funded University Research
 
Draft innovation strategy innov8 presentation v1
Draft innovation strategy innov8 presentation v1Draft innovation strategy innov8 presentation v1
Draft innovation strategy innov8 presentation v1
 
Science and Engineering Ethics (2003) 9, 49-57Science and .docx
Science and Engineering Ethics (2003) 9, 49-57Science and .docxScience and Engineering Ethics (2003) 9, 49-57Science and .docx
Science and Engineering Ethics (2003) 9, 49-57Science and .docx
 

More from NBER

FISCAL STIMULUS IN ECONOMIC UNIONS: WHAT ROLE FOR STATES
FISCAL STIMULUS IN ECONOMIC UNIONS: WHAT ROLE FOR STATESFISCAL STIMULUS IN ECONOMIC UNIONS: WHAT ROLE FOR STATES
FISCAL STIMULUS IN ECONOMIC UNIONS: WHAT ROLE FOR STATES
NBER
 
Business in the United States Who Owns it and How Much Tax They Pay
Business in the United States Who Owns it and How Much Tax They PayBusiness in the United States Who Owns it and How Much Tax They Pay
Business in the United States Who Owns it and How Much Tax They Pay
NBER
 
Redistribution through Minimum Wage Regulation: An Analysis of Program Linkag...
Redistribution through Minimum Wage Regulation: An Analysis of Program Linkag...Redistribution through Minimum Wage Regulation: An Analysis of Program Linkag...
Redistribution through Minimum Wage Regulation: An Analysis of Program Linkag...
NBER
 
The Distributional E ffects of U.S. Clean Energy Tax Credits
The Distributional Effects of U.S. Clean Energy Tax CreditsThe Distributional Effects of U.S. Clean Energy Tax Credits
The Distributional E ffects of U.S. Clean Energy Tax Credits
NBER
 
An Experimental Evaluation of Strategies to Increase Property Tax Compliance:...
An Experimental Evaluation of Strategies to Increase Property Tax Compliance:...An Experimental Evaluation of Strategies to Increase Property Tax Compliance:...
An Experimental Evaluation of Strategies to Increase Property Tax Compliance:...
NBER
 
Nbe rtopicsandrecomvlecture1
Nbe rtopicsandrecomvlecture1Nbe rtopicsandrecomvlecture1
Nbe rtopicsandrecomvlecture1
NBER
 
Nbe rcausalpredictionv111 lecture2
Nbe rcausalpredictionv111 lecture2Nbe rcausalpredictionv111 lecture2
Nbe rcausalpredictionv111 lecture2
NBER
 
Nber slides11 lecture2
Nber slides11 lecture2Nber slides11 lecture2
Nber slides11 lecture2
NBER
 
Recommenders, Topics, and Text
Recommenders, Topics, and TextRecommenders, Topics, and Text
Recommenders, Topics, and Text
NBER
 
Machine Learning and Causal Inference
Machine Learning and Causal InferenceMachine Learning and Causal Inference
Machine Learning and Causal Inference
NBER
 
Introduction to Supervised ML Concepts and Algorithms
Introduction to Supervised ML Concepts and AlgorithmsIntroduction to Supervised ML Concepts and Algorithms
Introduction to Supervised ML Concepts and Algorithms
NBER
 
Jackson nber-slides2014 lecture3
Jackson nber-slides2014 lecture3Jackson nber-slides2014 lecture3
Jackson nber-slides2014 lecture3
NBER
 
Jackson nber-slides2014 lecture1
Jackson nber-slides2014 lecture1Jackson nber-slides2014 lecture1
Jackson nber-slides2014 lecture1
NBER
 
Acemoglu lecture2
Acemoglu lecture2Acemoglu lecture2
Acemoglu lecture2
NBER
 
Acemoglu lecture4
Acemoglu lecture4Acemoglu lecture4
Acemoglu lecture4
NBER
 
The NBER Working Paper Series at 20,000 - Joshua Gans
The NBER Working Paper Series at 20,000 - Joshua GansThe NBER Working Paper Series at 20,000 - Joshua Gans
The NBER Working Paper Series at 20,000 - Joshua Gans
NBER
 
The NBER Working Paper Series at 20,000 - Claudia Goldin
The NBER Working Paper Series at 20,000 - Claudia GoldinThe NBER Working Paper Series at 20,000 - Claudia Goldin
The NBER Working Paper Series at 20,000 - Claudia Goldin
NBER
 
The NBER Working Paper Series at 20,000 - James Poterba
The NBER Working Paper Series at 20,000 - James PoterbaThe NBER Working Paper Series at 20,000 - James Poterba
The NBER Working Paper Series at 20,000 - James Poterba
NBER
 
The NBER Working Paper Series at 20,000 - Scott Stern
The NBER Working Paper Series at 20,000 - Scott SternThe NBER Working Paper Series at 20,000 - Scott Stern
The NBER Working Paper Series at 20,000 - Scott Stern
NBER
 
The NBER Working Paper Series at 20,000 - Glenn Ellison
The NBER Working Paper Series at 20,000 - Glenn EllisonThe NBER Working Paper Series at 20,000 - Glenn Ellison
The NBER Working Paper Series at 20,000 - Glenn Ellison
NBER
 

More from NBER (20)

FISCAL STIMULUS IN ECONOMIC UNIONS: WHAT ROLE FOR STATES
FISCAL STIMULUS IN ECONOMIC UNIONS: WHAT ROLE FOR STATESFISCAL STIMULUS IN ECONOMIC UNIONS: WHAT ROLE FOR STATES
FISCAL STIMULUS IN ECONOMIC UNIONS: WHAT ROLE FOR STATES
 
Business in the United States Who Owns it and How Much Tax They Pay
Business in the United States Who Owns it and How Much Tax They PayBusiness in the United States Who Owns it and How Much Tax They Pay
Business in the United States Who Owns it and How Much Tax They Pay
 
Redistribution through Minimum Wage Regulation: An Analysis of Program Linkag...
Redistribution through Minimum Wage Regulation: An Analysis of Program Linkag...Redistribution through Minimum Wage Regulation: An Analysis of Program Linkag...
Redistribution through Minimum Wage Regulation: An Analysis of Program Linkag...
 
The Distributional E ffects of U.S. Clean Energy Tax Credits
The Distributional Effects of U.S. Clean Energy Tax CreditsThe Distributional Effects of U.S. Clean Energy Tax Credits
The Distributional E ffects of U.S. Clean Energy Tax Credits
 
An Experimental Evaluation of Strategies to Increase Property Tax Compliance:...
An Experimental Evaluation of Strategies to Increase Property Tax Compliance:...An Experimental Evaluation of Strategies to Increase Property Tax Compliance:...
An Experimental Evaluation of Strategies to Increase Property Tax Compliance:...
 
Nbe rtopicsandrecomvlecture1
Nbe rtopicsandrecomvlecture1Nbe rtopicsandrecomvlecture1
Nbe rtopicsandrecomvlecture1
 
Nbe rcausalpredictionv111 lecture2
Nbe rcausalpredictionv111 lecture2Nbe rcausalpredictionv111 lecture2
Nbe rcausalpredictionv111 lecture2
 
Nber slides11 lecture2
Nber slides11 lecture2Nber slides11 lecture2
Nber slides11 lecture2
 
Recommenders, Topics, and Text
Recommenders, Topics, and TextRecommenders, Topics, and Text
Recommenders, Topics, and Text
 
Machine Learning and Causal Inference
Machine Learning and Causal InferenceMachine Learning and Causal Inference
Machine Learning and Causal Inference
 
Introduction to Supervised ML Concepts and Algorithms
Introduction to Supervised ML Concepts and AlgorithmsIntroduction to Supervised ML Concepts and Algorithms
Introduction to Supervised ML Concepts and Algorithms
 
Jackson nber-slides2014 lecture3
Jackson nber-slides2014 lecture3Jackson nber-slides2014 lecture3
Jackson nber-slides2014 lecture3
 
Jackson nber-slides2014 lecture1
Jackson nber-slides2014 lecture1Jackson nber-slides2014 lecture1
Jackson nber-slides2014 lecture1
 
Acemoglu lecture2
Acemoglu lecture2Acemoglu lecture2
Acemoglu lecture2
 
Acemoglu lecture4
Acemoglu lecture4Acemoglu lecture4
Acemoglu lecture4
 
The NBER Working Paper Series at 20,000 - Joshua Gans
The NBER Working Paper Series at 20,000 - Joshua GansThe NBER Working Paper Series at 20,000 - Joshua Gans
The NBER Working Paper Series at 20,000 - Joshua Gans
 
The NBER Working Paper Series at 20,000 - Claudia Goldin
The NBER Working Paper Series at 20,000 - Claudia GoldinThe NBER Working Paper Series at 20,000 - Claudia Goldin
The NBER Working Paper Series at 20,000 - Claudia Goldin
 
The NBER Working Paper Series at 20,000 - James Poterba
The NBER Working Paper Series at 20,000 - James PoterbaThe NBER Working Paper Series at 20,000 - James Poterba
The NBER Working Paper Series at 20,000 - James Poterba
 
The NBER Working Paper Series at 20,000 - Scott Stern
The NBER Working Paper Series at 20,000 - Scott SternThe NBER Working Paper Series at 20,000 - Scott Stern
The NBER Working Paper Series at 20,000 - Scott Stern
 
The NBER Working Paper Series at 20,000 - Glenn Ellison
The NBER Working Paper Series at 20,000 - Glenn EllisonThe NBER Working Paper Series at 20,000 - Glenn Ellison
The NBER Working Paper Series at 20,000 - Glenn Ellison
 

Recently uploaded

Community pharmacy- Social and preventive pharmacy UNIT 5
Community pharmacy- Social and preventive pharmacy UNIT 5Community pharmacy- Social and preventive pharmacy UNIT 5
Community pharmacy- Social and preventive pharmacy UNIT 5
sayalidalavi006
 
World environment day ppt For 5 June 2024
World environment day ppt For 5 June 2024World environment day ppt For 5 June 2024
World environment day ppt For 5 June 2024
ak6969907
 
Executive Directors Chat Leveraging AI for Diversity, Equity, and Inclusion
Executive Directors Chat  Leveraging AI for Diversity, Equity, and InclusionExecutive Directors Chat  Leveraging AI for Diversity, Equity, and Inclusion
Executive Directors Chat Leveraging AI for Diversity, Equity, and Inclusion
TechSoup
 
How to Build a Module in Odoo 17 Using the Scaffold Method
How to Build a Module in Odoo 17 Using the Scaffold MethodHow to Build a Module in Odoo 17 Using the Scaffold Method
How to Build a Module in Odoo 17 Using the Scaffold Method
Celine George
 
PIMS Job Advertisement 2024.pdf Islamabad
PIMS Job Advertisement 2024.pdf IslamabadPIMS Job Advertisement 2024.pdf Islamabad
PIMS Job Advertisement 2024.pdf Islamabad
AyyanKhan40
 
South African Journal of Science: Writing with integrity workshop (2024)
South African Journal of Science: Writing with integrity workshop (2024)South African Journal of Science: Writing with integrity workshop (2024)
South African Journal of Science: Writing with integrity workshop (2024)
Academy of Science of South Africa
 
The Diamonds of 2023-2024 in the IGRA collection
The Diamonds of 2023-2024 in the IGRA collectionThe Diamonds of 2023-2024 in the IGRA collection
The Diamonds of 2023-2024 in the IGRA collection
Israel Genealogy Research Association
 
Advanced Java[Extra Concepts, Not Difficult].docx
Advanced Java[Extra Concepts, Not Difficult].docxAdvanced Java[Extra Concepts, Not Difficult].docx
Advanced Java[Extra Concepts, Not Difficult].docx
adhitya5119
 
PCOS corelations and management through Ayurveda.
PCOS corelations and management through Ayurveda.PCOS corelations and management through Ayurveda.
PCOS corelations and management through Ayurveda.
Dr. Shivangi Singh Parihar
 
Main Java[All of the Base Concepts}.docx
Main Java[All of the Base Concepts}.docxMain Java[All of the Base Concepts}.docx
Main Java[All of the Base Concepts}.docx
adhitya5119
 
A Independência da América Espanhola LAPBOOK.pdf
A Independência da América Espanhola LAPBOOK.pdfA Independência da América Espanhola LAPBOOK.pdf
A Independência da América Espanhola LAPBOOK.pdf
Jean Carlos Nunes Paixão
 
Film vocab for eal 3 students: Australia the movie
Film vocab for eal 3 students: Australia the movieFilm vocab for eal 3 students: Australia the movie
Film vocab for eal 3 students: Australia the movie
Nicholas Montgomery
 
Digital Artifact 1 - 10VCD Environments Unit
Digital Artifact 1 - 10VCD Environments UnitDigital Artifact 1 - 10VCD Environments Unit
Digital Artifact 1 - 10VCD Environments Unit
chanes7
 
Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptxChapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
Mohd Adib Abd Muin, Senior Lecturer at Universiti Utara Malaysia
 
writing about opinions about Australia the movie
writing about opinions about Australia the moviewriting about opinions about Australia the movie
writing about opinions about Australia the movie
Nicholas Montgomery
 
Pride Month Slides 2024 David Douglas School District
Pride Month Slides 2024 David Douglas School DistrictPride Month Slides 2024 David Douglas School District
Pride Month Slides 2024 David Douglas School District
David Douglas School District
 
Cognitive Development Adolescence Psychology
Cognitive Development Adolescence PsychologyCognitive Development Adolescence Psychology
Cognitive Development Adolescence Psychology
paigestewart1632
 
BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...
BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...
BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...
Nguyen Thanh Tu Collection
 
How to Add Chatter in the odoo 17 ERP Module
How to Add Chatter in the odoo 17 ERP ModuleHow to Add Chatter in the odoo 17 ERP Module
How to Add Chatter in the odoo 17 ERP Module
Celine George
 
BBR 2024 Summer Sessions Interview Training
BBR  2024 Summer Sessions Interview TrainingBBR  2024 Summer Sessions Interview Training
BBR 2024 Summer Sessions Interview Training
Katrina Pritchard
 

Recently uploaded (20)

Community pharmacy- Social and preventive pharmacy UNIT 5
Community pharmacy- Social and preventive pharmacy UNIT 5Community pharmacy- Social and preventive pharmacy UNIT 5
Community pharmacy- Social and preventive pharmacy UNIT 5
 
World environment day ppt For 5 June 2024
World environment day ppt For 5 June 2024World environment day ppt For 5 June 2024
World environment day ppt For 5 June 2024
 
Executive Directors Chat Leveraging AI for Diversity, Equity, and Inclusion
Executive Directors Chat  Leveraging AI for Diversity, Equity, and InclusionExecutive Directors Chat  Leveraging AI for Diversity, Equity, and Inclusion
Executive Directors Chat Leveraging AI for Diversity, Equity, and Inclusion
 
How to Build a Module in Odoo 17 Using the Scaffold Method
How to Build a Module in Odoo 17 Using the Scaffold MethodHow to Build a Module in Odoo 17 Using the Scaffold Method
How to Build a Module in Odoo 17 Using the Scaffold Method
 
PIMS Job Advertisement 2024.pdf Islamabad
PIMS Job Advertisement 2024.pdf IslamabadPIMS Job Advertisement 2024.pdf Islamabad
PIMS Job Advertisement 2024.pdf Islamabad
 
South African Journal of Science: Writing with integrity workshop (2024)
South African Journal of Science: Writing with integrity workshop (2024)South African Journal of Science: Writing with integrity workshop (2024)
South African Journal of Science: Writing with integrity workshop (2024)
 
The Diamonds of 2023-2024 in the IGRA collection
The Diamonds of 2023-2024 in the IGRA collectionThe Diamonds of 2023-2024 in the IGRA collection
The Diamonds of 2023-2024 in the IGRA collection
 
Advanced Java[Extra Concepts, Not Difficult].docx
Advanced Java[Extra Concepts, Not Difficult].docxAdvanced Java[Extra Concepts, Not Difficult].docx
Advanced Java[Extra Concepts, Not Difficult].docx
 
PCOS corelations and management through Ayurveda.
PCOS corelations and management through Ayurveda.PCOS corelations and management through Ayurveda.
PCOS corelations and management through Ayurveda.
 
Main Java[All of the Base Concepts}.docx
Main Java[All of the Base Concepts}.docxMain Java[All of the Base Concepts}.docx
Main Java[All of the Base Concepts}.docx
 
A Independência da América Espanhola LAPBOOK.pdf
A Independência da América Espanhola LAPBOOK.pdfA Independência da América Espanhola LAPBOOK.pdf
A Independência da América Espanhola LAPBOOK.pdf
 
Film vocab for eal 3 students: Australia the movie
Film vocab for eal 3 students: Australia the movieFilm vocab for eal 3 students: Australia the movie
Film vocab for eal 3 students: Australia the movie
 
Digital Artifact 1 - 10VCD Environments Unit
Digital Artifact 1 - 10VCD Environments UnitDigital Artifact 1 - 10VCD Environments Unit
Digital Artifact 1 - 10VCD Environments Unit
 
Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptxChapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
 
writing about opinions about Australia the movie
writing about opinions about Australia the moviewriting about opinions about Australia the movie
writing about opinions about Australia the movie
 
Pride Month Slides 2024 David Douglas School District
Pride Month Slides 2024 David Douglas School DistrictPride Month Slides 2024 David Douglas School District
Pride Month Slides 2024 David Douglas School District
 
Cognitive Development Adolescence Psychology
Cognitive Development Adolescence PsychologyCognitive Development Adolescence Psychology
Cognitive Development Adolescence Psychology
 
BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...
BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...
BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...
 
How to Add Chatter in the odoo 17 ERP Module
How to Add Chatter in the odoo 17 ERP ModuleHow to Add Chatter in the odoo 17 ERP Module
How to Add Chatter in the odoo 17 ERP Module
 
BBR 2024 Summer Sessions Interview Training
BBR  2024 Summer Sessions Interview TrainingBBR  2024 Summer Sessions Interview Training
BBR 2024 Summer Sessions Interview Training
 

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

  1. Revolutionary advances in basic science have generated radical shifts in the technology base of commercial activity: chemistry  biology Dis-integration of the industry into specialized layers Emergence of new organizational forms (science-based entrepreneurship, AMCs), and supporting “infrastructure” (VCs, patent lawyers, university TLOs, etc.) Adaptation of incumbent firms, federal agencies, universities