Abstract
In this book, I have proposed a new approach to exploring the enactment of value in the context of an emergent health bioeconomy. Specifically, I have attempted to provide a broad and systemic analysis of the constitutive elements and key drivers of what is a complex health innovation ecosystem, with multiple stakeholders each operating with different notional ideas of the benefits, limitations, and long-term value (beyond merely the economic) of various Research and Development configurations and options. I have also tried to think through how different expectations are managed, and new organizational routines and practices made to work, as “new biology” promises to deliver radically new therapeutic paradigms, but is confronted with a confluence of technological, regulatory, and social challenges. By tracing the evolution of new biology and the emergence of what we might call a health bioeconomy in the twenty-first century, I have been able to investigate and critically reflect on how the institutional and organizational landscape for health R&D, particularly within Europe and the United States, has undergone a profound transformation as a result of the emergence of new science and technology options, and multiple types of value and valuation practices.
Keywords
- Translational Medicine
- Health Innovation
- Public Sector Organization
- Innovation Ecosystem
- Organizational Restructuring
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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© 2016 James Mittra
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Mittra, J. (2016). Rethinking Value and Expectations in the Health Bioeconomy. In: The New Health Bioeconomy. Palgrave Macmillan, New York. https://doi.org/10.1057/9781137430526_7
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DOI: https://doi.org/10.1057/9781137430526_7
Publisher Name: Palgrave Macmillan, New York
Print ISBN: 978-1-349-57667-8
Online ISBN: 978-1-137-43052-6
eBook Packages: Social SciencesSocial Sciences (R0)