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

Chapter 6 in Innovation in the Biopharmaceutical Industry, 2007, pp 109-133 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractGovernment 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: Pharmaceutical Innovations; Healthcare; Health Systems; Cardiovascular Medicine; Life Sciences; Cancer Medicine; Biopharmaceuticals Sector; Patents; Economic Growth (search for similar items in EconPapers)
Date: 2007
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