By acting on these To better support development and adoption of recommendations, the province will maximize innovation, a broad range of key stakeholders –. existing investments, increase the competitive- including procurement officials and health ness of Ontario’s health technology sector, and professionals – will be engaged in defining health create value for the health system and Ontarians. [...] The Health Technology Innovation Cycle: There are five stages in the Innovation Cycle12 health technology innovation cycle: research and development, prototyping and proof of concept, piloting and initial evaluation, early adoption and Phases of Innovation commercialization, and maturity and diffusion. [...] The first is the stage between the original conception of the idea and Diffusion/ Health System Research & the development of a prototype (or proof of concept); the second is the stage Outcomes Development between pilot demonstration and the early adoption phase, where the product begins generating sufficient revenues to sustain investor interest and Technological Valley of Death finance further e [...] The Council recommends: •. patient and consumer groups in the not-for-profit sector •. a broad range of key stakeholders, including procurement professionals, be engaged in defining health care procurement needs and strategies on •. the OCHIS and the Innovation an early and ongoing basis Brokers, and the relevant provin- cial government ministries •. stakeholders enhance the focus on addressing he [...] Ontario needs to The reviews of incentives and barriers to innovation will address priority areas assess how to best prepare (Textbox 2), while the reviews of organizations and programs will ensure the organizations and people innovation ecosystem remains aligned with current priorities and needs.
- Pages
- 28
- Published in
- Ottawa, Ontario
