Radical innovation from the confluence of technologies: Innovation management strategies for the emerging nanobiotechnology industry

This paper co-authored by Prof. Elicia Maine, Dr. V. J. Thomas and Prof. Jim Utterback and published in the Journal of Engineering and Technology Management presents a detailed examination of radical innovations from the confluence of technologies with a specific reference to innovation management strategies for the emerging nanobiotechnology industry. 

Maine’s co-author on the papers and part of the international research collaboration, V.J. Thomas has recently been accepted for a prestigious postdoctoral fellowship to continue researching the emergence of the nanobiotechnology sector.  As part of Thomas’ two-year Mitacs Elevate Strategic Postdoctoral fellowship he is required to work with an industry partner, thereby maintaining a direct link with his research and its impact on industry. Thomas has partnered with CDRD Ventures Inc., the commercialization arm of The Centre for Drug Research and Development, which has a focus on transferring technologies from university to industry, and setting up new firms.

Thomas’ fellowship, for which the Beedie School is the academic partner, builds on much of Maine’s nanobiotechnology research collaboration’s work, which previously had identified the biotechnology and nanotechnology firms across the globe. Thomas’ proposal will investigate both multinationals and de novo firms within the sample and interview scientists to establish how they approach nanobiotechnology research and commercialization.

“At the end of this post doctoral fellowship we will be able to provide a nuanced understanding of how nanobiotechnology innovation works within different firm types,” says Thomas. “We will be able to suggest some best practices for these different firm types – practices that they can use to improve their innovation activities.”

Ideas @ Beedie Article

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