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Innovation capacity in the healthcare sector and historical anchors: examples from the UK, Switzerland and the US

Author

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  • Helen Lawton Smith

    (Birkbeck, University of London)

  • Sharmistha Bagchi-Sen

    (University at Buffalo, State University of New York)

  • Laurel Edmunds

    (University of Oxford)

Abstract

Innovation is an integral part of economic development in developed economies. In the post 2008 period, a key policy agenda is that of sustainable development, which calls for innovation in all aspects of value-chains. In this paper, we focus on innovation from the biotech—pharma perspective to see whether or not this will lead to a sustainable future for the regions where there are clusters of firms in this sector. We examine data from a recently completed European Union study of innovation in the Healthcare sector from the UK and Switzerland, countries with an historical base in pharma, to understand how innovation pathways vary at the regional level in the broader life sciences, which incorporate biotech and more. Innovation in the healthcare sector in two regions, Oxfordshire in the UK and Zurich in Switzerland are compared. We contextualize our discussion by drawing on studies that focus on the sector in the US, specifically Boston. The analytical framework comprises three elements: innovation systems and national and regional economic development theories are the first two, followed by approaches which consider organizational or institutional activity. This framework is used to help explain and understand the complexity of how innovation is organized at the sub-national level. The overall context is that it is increasing becoming a condition for government financing of research that it has more immediate application in industry or have the possibility of commercialisation (e.g., translational research).

Suggested Citation

  • Helen Lawton Smith & Sharmistha Bagchi-Sen & Laurel Edmunds, 2016. "Innovation capacity in the healthcare sector and historical anchors: examples from the UK, Switzerland and the US," The Journal of Technology Transfer, Springer, vol. 41(6), pages 1420-1439, December.
    • Handle: RePEc:kap:jtecht:v:41:y:2016:i:6:d:10.1007_s10961-015-9442-7
    DOI: 10.1007/s10961-015-9442-7
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    Cited by:

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    2. Nilsson, Magnus & Schubert, Torben & Miörner, Johan, 2023. "The Productivity Effects of Regional Anchors on Local Firms in Swedish Regions between 2007 and 2019 – Evidence from an Expert-informed Machine-Learning Approach," Papers in Innovation Studies 2023/8, Lund University, CIRCLE - Centre for Innovation Research.
    3. Batabyal, Amitrajeet & Higano, Yoshiro & Nijkamp, Peter, 2018. "Introduction to Disease, Human Health, and Regional Growth and Development in Asia," MPRA Paper 90266, University Library of Munich, Germany, revised 26 Nov 2018.
    4. Proksch, Dorian & Busch-Casler, Julia & Haberstroh, Marcus Max & Pinkwart, Andreas, 2019. "National health innovation systems: Clustering the OECD countries by innovative output in healthcare using a multi indicator approach," Research Policy, Elsevier, vol. 48(1), pages 169-179.

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    More about this item

    Keywords

    Biotech; Innovation; Regional development; Oxfordshire; Zurich; Boston;
    All these keywords.

    JEL classification:

    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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