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Life Sciences & Health: Open Access Open Innovation in south west Wales / Gareth Davies, Gerry Ronan, Mark Bowman, Marc Clement

European Conference on Innovation and Entrepreneurship, Pages: 227 - 234

Swansea University Author: Gareth Davies

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Abstract

This paper presents the case of two initiatives, AgorIP (IP Commercialisation) and Accelerate (Life Science & Health Innovation platform), devised to support the commercialisation of research in Life Sciences & Health. This activity is set in the region of south west Wales, UK, where compara...

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Published in: European Conference on Innovation and Entrepreneurship
ISSN: 2049-1050
Published: Reading
Online Access: Check full text

URI: https://cronfa.swan.ac.uk/Record/cronfa41197
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Abstract: This paper presents the case of two initiatives, AgorIP (IP Commercialisation) and Accelerate (Life Science & Health Innovation platform), devised to support the commercialisation of research in Life Sciences & Health. This activity is set in the region of south west Wales, UK, where comparatively low levels of Business Expenditure on R&D make the research output of Swansea University and local Health Boards particularly important to support knowledge-based enterprise. The research aim of the paper is to examine as to whether the initiatives’ novel ‘Open Access Open Innovation’ philosophy represents a practical implementation of the non-linear Technology Transfer model proposed by Bradley et al. (2013). In this regard, the case explores novel components of the initiative including their ‘zero-waste’ approach whereby all opportunities are progressed along a pathway identified as most appropriate, using a proportionate investment of resources. Data drawn from the Pilot/Initiation period of the initiatives suggests that these principles are in action, with early insight having potential implication for further development, practice and wider policy. This includes recognition of the inherent complexities of such activity, and the need for further data to emerge in order to fully determine the impact of the approach.
Keywords: Technology Transfer, Regional Innovation Systems, Smart Specialisation, University-Industry Interaction; Life Sciences & Health
College: School of Management
Start Page: 227
End Page: 234