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Commercialisation of innovations from the UK National Health Service

By Michael Smith and Richard Clark

Abstract

The potential opportunities offered by developing innovative\ud ideas from staff within the UK National Health Service (NHS) was recognised in 2000 and this paper describes a regional organisation, Medipex, which was set up to undertake technology transfer and commercialisation\ud of innovations from the NHS in Yorkshire. The approach adopted by Medipex has been shown to be a successful model for the commercialisation of IP, obtaining private sector investment and winning external recognition after its first three years trading. Analysis of the outputs demonstrates that though the majority of ideas emerge from service use, the innovations that have high-value commercial potential emerge from research undertaken in the hospitals

Publisher: Inderscience
Year: 2010
OAI identifier: oai:shura.shu.ac.uk:3340

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