System transformation in medtech to meet future healthcare demands: innovation and governance models

Important results from the project

The project studied how companies manage incommensurable business logics, with in-depth studies conducted at two medtech companies. Initially, the approach was to analyze a few projects at various levels. Instead, we decided with the companies to compare their internal methods with those of other organizations for broader insights. The result was an early version of a governance model that received positive feedback from the companies and sparked a wider discussion on these challenges.

Expected long term effects

The developed model could be potentially be implemented within the two companies and by others. A key aim is to establish a network among organizations facing similar challenges to sustain and strengthen connections. Significant research insights have led to publications in progress and potential new projects on best managing the relationship between parent companies and innovation-focused subsidiaries over time.

Approach and implementation

Studying the core issue at the project level proved challenging, and internal agendas in the partner companies led to postponed joint activities which caused delays. Instead, we conducted comparative interviews at other companies to deepen discussions. This broader approach generated insights, opening opportunities for additional publications and projects, which likely would not have emerged had the initial project plan been followed.