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Author: | Shaw, B. |
Title: | Gaining added value from centres of excellence in the UK medical equipment industry. |
Journal: | R. and D. Management
1988 : APR, VOL. 18:2, p. 123-130 |
Index terms: | TECHNOLOGICAL INNOVATION MEDICAL CARE VALUE ADDED R&D CO-OPERATION HEALTH SERVICE |
Language: | eng |
Abstract: | Focusing on the UK medical equipment industry a recipe for success is looked for. Collaboration between industry and clinicians working in academic centres of excellence is identified as a critical success factor. The study of eleven companies' joint activities with government research institutes, university medical schools and other companies, in developing thirty-four medical equipment innovations is described. The mechanisms by which the expected added value from joint activities is realized are as follows: 1. appropriating users' knowledge; 2. transferring costs to the users; 3. financing from public sources; 4. coupling of outside product champions to inside ones. |
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