PARTNERSHIP AND INNOVATION IN THE LIFE SCIENCES
Dominique Kleyn (),
Richard Kitney () and
Rifat A. Atun
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Dominique Kleyn: Imperial College London, London, UK
Richard Kitney: Imperial College London, London, UK
Rifat A. Atun: Department of Centre for Health Management, Tanaka Business School, Imperial College London, London, UK
International Journal of Innovation Management (ijim), 2007, vol. 11, issue 02, 323-347
Abstract:
Government support for partnering between BioPharma companies and universities is growing in the UK and some European countries but few studies have explored these partnerships.Through interviews and a survey of key institutions we explored perceptions of key informants on industry and university partnerships. Study participants identified that partnering helped them to increase innovation in R&D and led them to adopt more open approaches to innovation.Organisational structures to coordinate and support partnerships; flexibility in operational management to solve problems in establishing and running these partnerships; leadership, especially by investigators to champion and lead collaborations; developing organisational capabilities of universities; and creation of an enabling environment by governments were identified as the critical success factors for partnering. The challenges faced were identified as lack of funding for university research teams; pressure on pricing from industry partners; disagreements on IP ownership; asymmetry of industry and university capabilities in partnering; and lack of administrative support with excessive bureaucracy from universities.
Keywords: Industry and university partnerships; life sciences; pharmaceuticals and biotechnology; innovation management and open innovation; R&D collaborations; contracting out; outsourcing (search for similar items in EconPapers)
Date: 2007
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Citations: View citations in EconPapers (5)
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Persistent link: https://EconPapers.repec.org/RePEc:wsi:ijimxx:v:11:y:2007:i:02:n:s1363919607001722
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DOI: 10.1142/S1363919607001722
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