The evolution of life science ecosystems

Five effective innovation approaches for academia

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Executive overview

Authors: Teri Melese, Professor Emerita, Medicine, Anthony Marshall

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, Research Director, IBM Institute for Business Value, IBM Global Business Services,
Heather Fraser

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, Global Lead for Healthcare and Life Sciences

The life sciences industry, like many others, faces broad disruption and challenges on fronts ranging from technology to regulation to product resourcing. Traditionally, innovation has been a key driver of success for life sciences organizations, and it will continue to play a critical role for an industry that seeks to sustain this momentum. So it is not surprising to learn that most life sciences leaders, including those in academia, believe that defining an innovation strategy is critical for their success. But why are some organizations more accomplished in devising and implementing effective innovation? This report identifies the strategies that differentiate the more successful academic life sciences institutions from the rest.

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