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Managing Life Science Innovations in Public Research Through Holistic Performance Measures

  • Ruth M. Herzog
  • Christopher Wasden
Chapter

Abstract

Addressing the innovation gap is today considered the third task for public research organizations (PROs) in addition to their traditional tasks of research and teaching. Thus, PROs need to adapt their strategies and research management organization so that more innovative ideas from research will enter the market for the benefit of society. Innovation can thus be defined as value-creating novelties. The commercialization of research results is usually managed through technology transfer offices (TTOs), serving as an interface to industry. How PROs create value is increasingly subject to performance measurement and performance-based budgeting. Applying holistic measures will help adjust the overall strategy of the PRO in the direction of innovation and balance multiple interests and goals. Holistic performance measurement is based on the four dimensions of the decision-oriented model of research production (input, processes, output, and outcome) corresponding to the pillars of innovation. In this model, patenting is a key innovation process in academic life sciences that arises from the co-production between researchers and TTOs.

Keywords

Technology Transfer Technology Transfer Office Innovation Chain Public Research Organization Technology Transfer Activity 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Editor 2013

Open Access This article is distributed under the terms of the Creative Commons Attribution Noncommercial License which permits any noncommercial use, distribution, and reproduction in any medium, provided the original author(s) and source are credited.

Authors and Affiliations

  1. 1.Deutsches Krebsforschungszentrum (DKFZ, German Cancer Research Center)HeidelbergGermany
  2. 2.PricewaterhouseCoopers LLPNew YorkUSA

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