Knowledge Networks and Markets in the Life Sciences
Around the OECD countries and beyond, there is a proliferation of initiatives in the
life sciences to bring together disperse elements of global research and establish
an effective virtual infrastructure for open innovation. Their common goal is to leverage
innovative capacity by creating interconnected webs of knowledge and exploiting external
expertise.
Some such initiatives have as their goal the monetisation and trading of knowledge
in the form of intellectual assets. Others seek to create networks for pooling and
exchange of knowledge. Together, these initiatives can be referred to as “knowledge
networks and markets” (KNMs). This report considers the development of such KNMs and
examines the impact of current initiatives and the possible options for governments,
working with the private sector, to improve innovation efficiency and effectiveness.
Improving the interoperability of knowledge resources is fundamental to the creation
of a necessary shared infrastructure for efficient KNM to emerge, as is related sustainable
funding and policy clarity. Governments can play a vital catalytic role in improving
the productivity of KNMs through such infrastructure development and encouragement
of associated social networking. the report makes suggestions for some priority actions
based on existing case studies.
Published on May 18, 2012