Commercialisation of eHealth Innovations in the Market of UK Healthcare Sector: A Framework for Sustainable Business Model.

This is the peer reviewed version of the following article: Festus Oluseyi Oderanti, and Feng Li, ‘Commercialization of eHealth innovations in the market of the UK healthcare sector: A framework for a sustainable business model’, Psychology & Marketing, Vol. 35 (2): 120-137, February 2018, which has been published in final form at https://doi.org/10.1002/mar.21074. Under embargo until 10 January 2020. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Self-Archiving.Demographic trends with extended life expectancy are placing increasing pressures on the UK state-funded healthcare budgets. eHealth innovations are expected to facilitate new avenues for cost-effective and safe methods of care, for enabling elderly people to live independently at their own homes and for assisting governments to cope with the demographic challenges. However, despite heavy investment in these innovations, large-scale deployment of eHealth continues to face significant obstacles, and lack of sustainable business models (BMs) is widely regarded as part of the greatest barriers. Through various empirical methods that include facilitated workshops, case studies of relevant organizations, and user groups, this paper investigates the reasons the private market of eHealth innovations has proved difficult to establish, and therefore it develops a framework for sustainable BMs that could elimiesnate barriers of eHealth innovation commercialization. Results of the study suggest that to achieve sustainable commercialization, BM frameworks and innovation diffusion characteristics should be considered complements but not substitutes.Peer reviewe

The technology company development journey : from concept to commercialisation

It is widely recognised that Scotland has competitive advantage in key areas of science and technology within its research and company base. However, the nation performs relatively poorly in terms of numbers of active entrepreneurs, business start-ups and creation of high-growth technology businesses within knowledge intensive industries. Scotland needs to rapidly commercialise those technologies where there is both a strong market opportunity and an ambition to create or grow a company of scale. The Scottish Government's Economic Strategy (Scottish Government, 2011) highlights the role that commercialisation can play in contributing to economic growth and Scottish Enterprise (SE) has built a clear strategic commitment to commercialisation: developing and investing in a number of initiatives and programmes to support the conversion of science and technology based ideas into products or services which deliver value to a particular market. With the ambition of converting the country's wealth of research assets into economic assets, a better understanding of the mechanics and transitions by which technology based ideas are transformed into marketable goods and services across the 'concept to commercialisation' paradigm is key to improving success rates and economic benefits for Scotland. This paper sets out the key findings from primary research that gives a unique insight into the experience of 32 companies that have been supported by SE. The research evidence highlights the challenges involved in the commercialisation process and path to market for Scottish-based technology companies, whose origins may be existing technology businesses, university spin-outs or start-up companies, and is the first in-depth analysis of its kind in Scotland

Sustainable Participation? Mapping out and reflecting on the field of public dialogue on science and technology

The field of public participation in issues relating to science, technology and the environment is booming. To date much effort has gone into developing new participatory approaches and their evaluation, while most of what we know comes from individual case studies of engagement. This report builds on one of the first ever studies of public participation experts, their networks, roles and relations, to present a broader analysis of the UK public dialogue field as a whole. It draws on a recent project that involved 21 of the UK’s leading thinkers, practitioners, and policy makers in this area reflecting on the following critical questions. • What is the nature of participatory governance networks and the roles and relations of different actors within them? • Who counts as an expert on public participation and how are these meanings changing over time? • What are the implications of increasing institutionalisation, commercialisation and professionalisation of public dialogue? • To what extent are UK science and policy institutions learning about and learning from public dialogue? Taken together, these insights indicate that the field of public dialogue on science and technology has reached a critical moment and highlight a series of challenges and recommendations for its future sustainability

Universities as Embedded Knowledge Hubs and the Challenge of Local Development the Us Lessons and the Italian Case

This article discusses the claim of a new paradigm in the knowledge production and diffusion process, and the need to assess the regional and local implications of this modal shift. After introductory remarks included in the first part of the paper, its next section introduces the theme of localisation of knowledge as a source of regional development; section three examines the lessons we can extract from the US university system (with a particular regard to the case of Johns Hopkins University and the recent project for a biotech park in the city of Baltimore); in section four an illustration of the Italian University system leads to a description of the current evolution of the University of Bologna toward a new entrepreneurial role. The last part of the paper discusses the embedded role of universities in the light of the two cases presented in the previous sections and draws the conclusions in terms of regional policy

Technology networks for socially useful production

No description supplie

Between vision and reality: promoting innovation through technoparks in Kazakhstan

A common motivation for the technopark movement is the belief that technoparks promote innovation and economic growth at regional and/or national levels. The paper analyses the role of technoparks as instruments of innovation promotion in Kazakhstan using data from a firm survey and interviews. Our results suggest that, unlike what is assumed in the innovation policy literature, technoparks do not house firms dealing with the commercialisation of innovations that are ready for introduction to the market. Technopark firms are no more innovative than other firms. They are oriented largely towards the local market, and operate in traditional sectors; the frequency and intensity of their external links are more developed than are their internal links. The key motivations for relocating to a technopark seem to be lower rents and the possibility of accessing finance. Overall, Kazakh technoparks seem to be successful in terms of facilitating business incubation, but much les so in terms of innovation promotion and diversification of the economy. Currently, Kazakh industry does not make any demands for local R&D, and its sources of competitiveness lie in non-R&D activities. This suggests that innovation policy should focus on assisting companies to upgrade their technological capabilities to the level that they can articulate their R&D demands. Focusing on technoparks as the main mechanism to improve competitiveness and diversify the economy is an ineffective and uncertain a policy option at this stage of the country's economic development. However, there seems to be significant scope for supporting business incubation. These conclusions are of relevance to other emerging economies

Innovation, competition and public procurement in the pre-commercial phase

Should the supply or the demand side bear the risk connected to innovation? The two polar cases identified in the literature are the supply push and the demand pull. The former is the typical one, with the supplier bearing the costs and obtaining the benefits from innovating. The latter is technology procurement, where the buyer takes the risk, by procuring the innovative good or service. With respect to this, pre-commercial procurement is a peculiar solution that can explain the debate found in the literature relative to its configuration either as a supply-side or a demand-side instrument. The separation from the commercial phase allows the procurer to take only (part of) the risks connected to R&D services. Also, competition among suppliers gives the opportunity of evaluating different solutions and to obtain, in the commercial phase, a lower price for the innovative good. The counterpart of all this is a large portion of risk being left to the supplier. As a consequence, suppliers need to obtain a larger share of the benefits of the innovation process. This economic reason, besides the legal restrictions on State aid, explains the need for a shared risks-shared benefits approach, centred on the agreements on the assignment of IPRs

Organic Agriculture Movement at a Crossroad - a Comparative Study of Denmark and Japan

Along with apparent institutionalisation of organic agriculture that took place in the last couple of decades, the role of organic agriculture organisations as a social movement actor has increasingly being put into question. Under this circumstance, there can be observed an evidence of “division” among these organisations at being foe or ally to this trend of institutionalisation. Why have such competing trajectories existed in this social movement field? And how have different trajectories evolved throughout the time? Through a comparative study of two organisations related to organic agriculture in Denmark and Japan, it argues that a cause of the discrepancy can be found in fundamentally different formulations of the concepts of organic agriculture and the related movement, and thus different organisational fields in which the organisations have been embedded. It further attests that the process of external institutionalisation, punctuated typically by the establishment of the national organic law, has affected the internal institutionalisation of both organisations, regardless of its self-determined orientation toward pro- or anti- institutionalisation. Yet, how far or how fast the internal institutionalisation process will develop may still depend on the orientation of an organisation, when it potentially can preserve substantial autonomy from such process by refraining itself from creating business-client relationship with its own constituency and from compromising direct participation of its constituency to collective actions