School of Management

The Centre for Public Services Organisations

CPSO Events Archive › 21/11/07

“Time and Biomedical Innovation: Commodification, Colonization and Conflict”

Abstract:

In this paper we develop a multi-level analysis of the relativity and plurality of time-reckoning systems that are embedded in the biomedical innovation process drawing on extensive qualitative research conducted in the UK and US . Biomedical innovation is a pertinent example of networked innovation which we define here as neither relying primarily on hierarchical or market mechanisms of control, but occurring through inter-organisational relationships that are negotiated on an ongoing basis and, which involve the integration of knowledge across a range of scientific, professional and organizational stakeholders. Within this networked arrangement different stakeholder groups e.g. clinicians, biotechnology firms, venture capitalists, clinical research organizations etc. hold different temporal orientations which significantly shape the development and application of their particular time reckoning systems which subsequently guides theirs (and others) decision making and actions (Clark, 1985). We contend that these competing time reckoning systems have become hierarchically ordered, reflecting the relative power and influence of the various communities involved such that particular systems are privileged over others. This ultimately serves to drive pace and practice within and across the communities involved which shapes biomedical innovation.

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Further Information

Date: 21st November 2007
Venue: MB3, Moore Building
Speaker: Professor Maxine Robertson, Queen Mary, University of London

For further information please contact the CPSO at cpso@rhul.ac.uk