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Parallels Between the Future for MedTech and Agri-Tech, Perspectives Drawing on the British Experience

Authors: Malgorzata A. Grzegorczyk; Pantea Lotfian; William J. Nuttall;

Parallels Between the Future for MedTech and Agri-Tech, Perspectives Drawing on the British Experience

Abstract

In this chapter we explore the future for innovation in two related, but distinct, sectors. We consider the linkages between medical technology(MedTech) and agricultural technology (Agri-Tech) innovation in the UK. We ask and discuss questions: Who are the key actors in the innovation systems of Medtech and Agri-Tech in the UK? What are the core technologies driving the current waves of innovation in these two sectors? Can one industry learn from the other? Where is the scope for cooperation and synergies? We notice that both sectors are technologically linked through foundational technologies underpinning the majority of the observed innovation e.g. big data, AI, IoT and robotics. The outputs of these technologies rely crucially on digital data for insight and decision support. However, Agri-Tech benefits from less complex stakeholder issues regarding data security and privacy. Both sectors are important to the UK going forwards, and both will be exposed to Brexit and the consequences of the COVID pandemic. Our discussion on the future of innovation should be of particular interest to start-up leaders, entrepreneurs, investors, managers and policy-makers in MedTech, Agri-Tech and cognate sectors.

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Microsoft Academic Graph classification: Decision support system Notice Scope (project management) business.industry Big data Stakeholder Health technology Data security Marketing business Parallels

Hender, L. (2015) Cambridge - the UK's MedTech start-up hotspot, MedTech Engine, 31 May [online] Available at: https://MedTechengine.com/article/cambridge-MedTech-start-ups/ [Accessed 10.06.2020]

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    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Average
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
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    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
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citations
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
downloads
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0
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86