Rice University logo

Please visit our current media portal, mediahub.rice.edu. We are in the process of copying all of the media from this site to the new site, so if you encounter any technical issues here, the video may be viewable on the new site.

NAE Regional Meeting and De Lange VIII: Setting the Stage for Collaborative Innovation in Global Medtech

February 28, 2012 by Paul Yock

Joint De Lange Conference Session & National Academy of Engineering (NAE) Regional Meeting

Engineering for Impact: Effecting Sustainable Change in the Developing World

February 28, 2012

Session II: BioScience Research Collaborative

Speaker: Paul Yock, Martha Meier Weiland Professor of Medicine and Mechanical Engineering and Founding Co-Chair, Department of Bioengineering, Stanford University

Abstract

We are in the early stages of an historic shift in medical technology innovation in which global developing economies will play a critical role. The markets for medical technologies are expanding much more rapidly in the BRIC countries than in the West, particularly China and India. The dynamics of these markets are spawning new technologies with a much lower cost profile than in the U.S. or Europe. At the same time in America we have entered a "perfect storm" for medical technology innovation, with increased regulatory barriers, uncertain reimbursement reform and diminished venture funding combining to slow the rate of new technology introduction here. One positive aspect of this situation for America is the potential for a "virtuous cycle" of low-cost innovation -- that is, more affordable technologies developed for markets abroad will enter the U.S. market... which in turn will help force a new emphasis on cost effectiveness for products developed here.

This session is the National Academy of Engineering (NAE) Regional Meeting, presented in conjunction with the De Lange Conference VIII, and hosted by Rice University's George R. Brown School of Engineering and Rice 360: Institute of Global Health Technologies.

The De Lange Conference VIII promises to be a forward-looking forum for university leaders, visionaries, and researchers to contemplate the rapidly evolving ecosystem of research universities in response to powerful global forces and disruptive technologies. What forms will the global research universities of the future take? How will the new, global research enterprises at the heart of the university be organized and funded? Which strategies will enhance the competitiveness of research universities seeking to attract outstanding students, faculty, and resources in an increasingly global higher education marketplace? What will the impact of these changes be on our educational mission and values? At this conference, we will hear from leaders who contemplate both changes in the near-term and the longer-term processes that will likely result in profound transformations in the decades to come.

2799 Views
315 Likes
0 Comments

Comments

No comments have been posted yet.

Write a comment