This paper is the subject of four recent articles about the Innovation process in Healthcare. Lenferink, D.J.H.H. (2009) The discontinuous innovation process at established SME, New Methods for user driven innovation in the healthcare sector, Omachonu, V.K. (2010). Innovation in Healthcare Delivery Systems and Research and markets. (2011, September). United States Pharmaceuticals and Healthcare Report Q4 2011.
Mapping the Innovation Process
The Innovation process is a generic core factor that drives the healthcare sector. It is quintessential for the industries in this sector as it is innovations that have seen breakthroughs in nanotechnology and genetics and the increased understanding of the biological processes that have impacted radically the quality of health and human life. Innovation renews what a sector, industry or organization can offer to the world that ways in which the offering is created and delivered. The innovation process involves various activities which are searching which scan the internal and external environment of the sector, selecting where the best signals in the environment are chosen, implementing which translates the trigger idea into something new and launching it in the internal and external environment, and learning which learns news ways of improving the process continually (Omachonu, 2010). This paper maps out the innovation process in the healthcare sector and looks out how it works in practice and where they need to put more emphasis. Innovation process in healthcare sector and how it works out in practice: As noted above the innovation process involves various activities which are searching, selecting, implementing and learning. Searching:
The ability to scan and identify ideas and potential innovations both in the internal and external environment of the healthcare sector is imperative for the innovation process in this sector. The search process is often supported by various tools and instruments such as porter five forces, SWOT analysis or based innovation contests. It is important that weak signals that have the potential of disrupting the environment be detected and monitored in order to define the scope of the search accordingly, whether discontinuous or continuous innovation (Omachonu, 2010). The search stage in the healthcare industry is usually structured by large established health research centers that are funded either by the government, large pharmaceutical industries, hospitals and universities. This applies several mechanisms such as innovation hubs, collecting data on trends of treatment of various ailments, ailments with no cure and their changing shapes and sending scouts to find innovative ideas of making healthcare provision better. Most of the ideas are often triggered by dissatisfaction about existing treating methodologies and systems, problems raised by new lifestyle changes or non-communicable diseases that are had to cure, the need to make healthcare affordable and accessible to all or by potential legislative changes on how health care provision is to be undertaken. These ideas are though often analyzed taking into view the external and internal condition of the sector. Analyzing the sector, it can be noted that Biotechnology industries have the opportunity of greatly benefiting from genome research though they are facing threats in patent suits. The industry is tough strong in terms of innovative ideas and its only weakness is that the various R&D investments that have been committed take a significant amount of time before it is realized in their view between four to five years. The home healthcare provision is strongly benefiting from the changing U.S. demographics with more aged people projected to increase which in effect is lowering costs to the alternative of hospital care. The home health care is projected to significantly rise and aggressive pricing and investments...
References: Lenferink, D.J.H.H. (2009) The discontinuous innovation process at established SME: an exploration of the discontinuous innovation process as experienced by established SMEs. University of Twente. Retrieved from http://essay.utwente.nl/60124/
New Methods for user driven innovation in the healthcare sector. Retrieved from http://www.nordicinnovation.net/_img/07193_user_driven_innovation_in_the_health_care_sector_final_report_web.pdf
Omachonu, V.K. (2010). Innovation in Healthcare Delivery Systems: A conceptual
Framework. The innovation Journal: The Public Sector Innovation Journal, 15(1),
Research and markets. (2011, September). United States Pharmaceuticals and Healthcare Report Q4 2011. Retrieved from http://www.researchandmarkets.com/research/b8d7a0/united_states_phar
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