1887

Knowledge Networks and Markets in the Life Sciences

image of Knowledge Networks and Markets in the Life Sciences

Around the OECD countries and beyond, there is a proliferation of initiatives in the life sciences to bring together disperse elements of global research and establish an effective virtual infrastructure for open innovation. Their common goal is to leverage innovative capacity by creating interconnected webs of knowledge and exploiting external expertise.

Some such initiatives have as their goal the monetisation and trading of knowledge in the form of intellectual assets. Others seek to create networks for pooling and exchange of knowledge. Together, these initiatives can be referred to as “knowledge networks and markets” (KNMs). This report considers the development of such KNMs and examines the impact of current initiatives and the possible options for governments, working with the private sector, to improve innovation efficiency and effectiveness.

Improving the interoperability of knowledge resources is fundamental to  the creation of a necessary shared infrastructure for efficient KNM to emerge, as is related sustainable funding and policy clarity. Governments can play a vital catalytic role in improving the productivity of KNMs through such infrastructure development and encouragement of associated social networking. the report makes suggestions for some priority actions based on existing case studies.    

English

.

The rise of knowledge networks and markets as enablers of open innovation

Within the past five years there has been an explosion in the development of knowledge networks and markets (KNMs) in the life sciences. This chapter sets out the context for the development of these phenomena, provides a rudimentary operational taxonomy, and sets out some overarching questions about their impact on innovation productivity as well as what governments might need to do to influence their success.

English

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error