Joint Research and Innovation
Consider the merits of joint research and innovation ventures from multiple perspectives (e.g. the value of each participant's contribution, ownership and rights to the use of any developed intellectual property, and the methods to use in developing the innovations).
Improvement Planning
Practices-Outcomes-Metrics (POM)
Representative POMs are described for Joint Research and Innovation at each level of maturity.
- 2Basic
- Practice
- In the contract, consider the value derived from each contributor (in both financial and expertise terms) and royalty sharing.
- Outcome
- Contract management reduces risk for the organization and ensures that all planned usages of the innovations are facilitated.
- Metrics
- # of adverse risk events in innovation and R&D contracts.
- # of contract re-negotiations based on blocked usages.
- # of litigation actions initiated against the organization from research or innovation contracts.
- Practice
- Consider how the intellectual property developed can be protected and exploited for the benefit of the organization and its shareholders.
- Outcome
- Win-win scenarios get visibility and it gets easier to entice others to work on joint projects with the organization.
- Metric
- Partner satisfaction surveys e.g. would you recommend my organization as a partner on future research?
- Practice
- Get a sense of the urgency that each partner has for the research and attempt to accommodate their wishes.
- Outcomes
- Stakeholder satisfaction improves.
- The needs of stakeholders are met.
- Metrics
- Stakeholder satisfaction surveys.
- % of stakeholder delivery dates met.
- Practice
- Agree a modus operandi that works for all research partners.
- Outcome
- A productive work environment is established.
- Metric
- % of joint innovation ventures delivering on-time, within budget, and to an acceptable quality.
- 3Intermediate
- Practice
- In the contract, consider issues such as risk, the value derived from each contributor (in both financial and expertise terms), commercialization options, and royalty sharing.
- Outcome
- Contract risk management reduces risk for the organization and ensures that all planned usages of the innovations are facilitated.
- Metrics
- # of adverse risk events in innovation and R&D contracts.
- # of contract re-negotiations based on blocked usages.
- # of litigation actions initiated against the organization from research or innovation contracts.
- Practice
- Consider how the intellectual property developed can be protected and exploited for the benefit of the organization and its shareholders in a way that is also fair and equitable to those who proposed and developed the innovation.
- Outcome
- Win-win scenarios get visibility and it gets easier to entice others to work on joint projects with the organization.
- Metric
- Partner satisfaction surveys e.g. would you recommend my organization as a partner on future research?
- Practices
- Get a sense of the urgency that each partner has for the research and attempt to accommodate their wishes.
- Get an agreed set of expectations based on realistic planning to improve success rates from stakeholder perspectives.
- Outcomes
- Stakeholder satisfaction improves.
- The needs of stakeholders are met.
- Metrics
- Stakeholder satisfaction surveys.
- % of stakeholder delivery dates met.
- Practices
- Agree a modus operandi that works for all research partners and takes account of time-zones and communications capabilities.
- Where possible use face-to-face meetings at least occasionally.
- Outcome
- A productive work environment is established.
- Metric
- % of joint innovation ventures delivering on-time, within budget, and to an acceptable quality.
- 4Advanced
- Practices
- In the contract, consider issues such as risk, the value derived from each contributor (in both financial and expertise terms), commercialization options, and royalty sharing.
- Include details of how new partners can join or existing partners withdraw from the research efforts.
- Outcome
- Contract risk management reduces risk for the organization and ensures that all planned usages of the innovations are facilitated.
- Metrics
- # of adverse risk events in innovation and R&D contracts.
- # of contract re-negotiations based on blocked usages.
- # of litigation actions initiated against the organization from research or innovation contracts.
- Practice
- Consider the use of third parties to manage the intellectual property on behalf of the contributors.
- Outcome
- Win-win scenarios get visibility and it gets easier to entice others to work on joint projects with the organization.
- Metric
- Partner satisfaction surveys e.g. would you recommend my organization as a partner on future research?
- Practice
- Agree progress reporting intervals and the manner in which these should be communicated to the contributing individuals and organizations.
- Outcomes
- Stakeholder satisfaction improves.
- The needs of stakeholders are met.
- Metrics
- Stakeholder satisfaction surveys.
- % of stakeholder delivery dates met.
- Practice
- Use a governance framework (if needed) to manage and ensure compliance with the agreed modus operandi.
- Outcome
- A productive work environment is established.
- Metric
- % of joint innovation ventures delivering on-time, within budget, and to an acceptable quality.
- 5Optimized
- Practices
- In the contract, consider issues such as risk, the value derived from each contributor (in both financial and expertise terms), commercialization options, and royalty sharing.
- Consider contributor redundancy (e.g. avoid being dependent on only one contributor for essential expertise).
- Outcome
- Contract risk management reduces risk for the organization and ensures that all planned usages of the innovations are facilitated.
- Metrics
- # of adverse risk events in innovation and R&D contracts.
- # of contract re-negotiations based on blocked usages.
- # of litigation actions initiated against the organization from research or innovation contracts.
- Practice
- Consider the use of third parties to manage the intellectual property on behalf of the contributors or moving the innovations to open source to encourage the group and others to maintain the innovations.
- Outcome
- Win-win scenarios get visibility and it gets easier to entice others to work on joint projects with the organization.
- Metric
- Partner satisfaction surveys e.g. would you recommend my organization as a partner on future research?
- Practices
- Ensure project scope changes are only accepted if the timeline impact is accepted by contributors.
- Ensure the team has appropriate project management tools to quickly evaluate impact and the ability to conduct ‘what-if’ analysis to manage time line adherence.
- Outcomes
- Stakeholder satisfaction improves.
- The needs of stakeholders are met.
- Metrics
- Stakeholder satisfaction surveys.
- % of stakeholder delivery dates met.
- Practice
- Consider and use life cycles and processes that the team is familiar with to avoid unnecessary learning curves before productive work is engaged.
- Outcome
- A productive work environment is established.
- Metric
- % of joint innovation ventures delivering on-time, within budget, and to an acceptable quality.