Medical Device Innovation Development Process

Yaninee Songkajorn () and Natcha Thawesaengskulthai ()
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Yaninee Songkajorn: Technopreneurship and Innovation Management Program, Chulalongkorn University, Bangkok, Thailand
Natcha Thawesaengskulthai: Department of Industrial Engineering, Faculty of Engineering, Chulalongkorn University, Bangkok, Thailand

International Journal of Innovation and Technology Management (IJITM), 2014, vol. 11, issue 04, 1-24

Abstract: This research contributes to developing a framework for medical device innovation (MDI) development. The scope of MDI development process is based on a government university hospital. The structure of the research process taken in this paper is based on distinguishing between three empirical case studies to build a conceptual process of MDI invention. An additional case study is used to validate and test the developed model. Specifically, this MDI development process framework is composed of five main steps which are: (i) preliminary systematic analysis, (ii) risk management, (iii) MDI conceptualized design, (iv) clinical development, and (v) production and MIP marketing management. Furthermore, contributions of effective factors for implementing MDI are technological screening, interdisciplinary blending, systematic management, value creation, and synthesis design into MDI invention process.

Keywords: Medical device innovation; new product development; incremental innovation; technology management (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (2)

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DOI: 10.1142/S0219877014500278

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