Biomedical Engineering Reference
In-Depth Information
ensuring intellectual property arising from these interactions are fairly shared. In
particular it is important to develop partnership agreements that have transparent
indicators of progress, in the form of deliverables and milestones, which are not
used to hold hostage the partnering organisations but as an instrument to establish
dialogue, collaboratively identify problems with progress and to jointly identify
solutions to address these.
Developing metrics to measure success . We are unable to ascertain whether current
partnering activities are making a difference. While the benefits of partnering are
perceived, there is only a limited number of evaluations to demonstrate success
of partnering. Given that the R&D lifecycle in the biotechnology and pharmaceu-
tical industry often extends to 10-12 years before a product (the fruit of R&D)
is launched, appropriate success measures along the innovation cycle need to be
developed.
The study findings suggest an increase in industry-university partnering activ-
ities. The range and scope of these partnerships is evolving. Further operational
research is needed to identify “what works and why” to inform future policies and
better target scarce resources available for enhancing R&D.
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