Shared value creation in the Healthcare economy through INtegrated business modEls

Programme 2014 - 2020 INTERREG VB North Sea

Date of latest update: 2024-01-30

Description

Description (EN):

The changing demography in the NSR pose social and economic challenges within its communities. The challenges in healthcare require innovative and sustainable solutions. Driven by transnational and cross-sector co-operation in the health care economy, new economic activities can be developed that create international opportunities for SMEs and disseminates the most innovative healthcare solutions across the NSR.The project wants to implement integrated business models for the healthcare economy based on the regions’ smart specialisation strategy. To support their setup, a methodology to build complex partnerships, inspired by the quadruple helix model, will be developed.Through a network of smart specialists,best practices can be internationally adopted, resulting in regional economic valorisation. A detailed roadmap for transnational valorisation of best practices is part of the project scope and will be used to scale up best practices.The project also aims to create spin-off in the regional healthcare institutions. A practical manual for spin-off based on shared value creation in the healthcare economy will be written. The regions will use this guidance to create spin-offs. To sustain the exchange of knowhow, innovation and best practices, the project encompasses the setup of transnational partnerships in the healthcare economy. As a network of regions with a smart specialisation, these partnerships will lead to innovation and economic growth.

Achievements (EN):

Innovation in healthcare is currently still dominated by a linear view on innovation processes but the innovation process is becoming more and more dynamic and cyclic. End users are involved from the start and partnerships between suppliers and clients become strong and are even a source of new ideas. Sharing investments amongst companies, even across sectors is the rule rather than the exception and risks and rewards are more and more shared while the innovation model is open and encompasses many actors. Healthcare professionals with an entrepreneurial mindset are not entrepreneurs but they benefit from understanding entrepreneurs better and from having skills to work with entrepreneurs. This may even be a prerequisite for developing shared business models and successful public private partnerships. Simultaneously, entrepreneurs in healthcare may not understand the healthcare system properly. They benefit from better understanding the needs, demand and context of clients and professionals and the financial and regulatory context of the system. They also benefit from having skills to co-create their product/service in this context. The uniqueness of the healthcare sector, but also the reason why building business models is more complex in this sector than in other sectors, lies in the fact that the beneficiary of the product/service is often not the same person as the one that pays for it. When looking at preventive healthcare products and services it is even more difficult because although the health beneficiaries are the actual users of the preventive product, most of the time they do not have a willingness to pay that is sufficient to cover the development and commercialization costs of the preventive product. Consequently, preventive healthcare products and services are often not developed nor commercialized. Government policy should allow healthcare organizations to reinvest the costs saved for society in the further development of their core activities as a reward for the savings that are made.

Website: https://northsearegion.eu/shine

Thematic information

Health and social services Governance, partnership

Specific Objective: Enhance regional innovation support capacity to increase long-term innovation levels and support smart specialization strategies

Thematic Objective: (01) strengthening research, technological development and innovation by:

Investment Priority:

(01b) promoting business investment in R&I, developing links and synergies between enterprises, research and development centres and the higher education sector, in particular promoting investment in product and service development, technology transfer, social innovation, eco-innovation, public service applications, demand stimulation, networking, clusters and open innovation through smart specialisation, and supporting technological and applied research, pilot lines, early product validation actions, advanced manufacturing capabilities and first production, in particular in key enabling technologies and diffusion of general purpose technologies

Partners (5)

Lead Partner: POM West-Vlaanderen

Address: Koning Leopold III laan 66, B-8200 Brugge, Belgium

Legal status: public

Website: http://www.pomwvl.be

Total budget: EUR 886 647.00

ERDF budget: EUR 443 323.00

Highland health board (NHS Highland)

Name: Highland health board (NHS Highland)

Address: Assynt house beechwood park, Old perth road, 1v2 3bw Inverness, United Kingdom

Legal status: public

Website: http://www.nhshighland.scot.nhs.uk

Total budget: EUR 429 033.00

ERDF budget: EUR 214 516.00

Katholieke Universiteit Leuven – campus Kortrijk

Name: Katholieke Universiteit Leuven – campus Kortrijk

Address: E. Sabbelaan 53, 8500 Kortrijk, Belgium

Legal status: public

Website: http://www.kuleuven-kulak.be

Total budget: EUR 234 767.00

ERDF budget: EUR 117 383.00

TNO Innovation for life

Name: TNO Innovation for life

Address: Schipholweg 77-89, 2316 ZL Leiden, Netherlands

Legal status: public

Website: http://www.tno.nl

Total budget: EUR 410 343.00

ERDF budget: EUR 205 171.00

Regionale Ontwikkelingsmaatschappij InnovationQuarter B.V.

Name: Regionale Ontwikkelingsmaatschappij InnovationQuarter B.V.

Address: Prinses Margriet¬plantsoen 32, 2595 BR Den Haag, Netherlands

Legal status: private

Website: http://www.innovationquarter.nl

Total budget: EUR 86 588.00

ERDF budget: EUR 43 294.00

Partners map

Partners and Projects info

Regional Development Agency West Flanders

Shared value creation in the Healthcare economy through INtegrated business modEls

Partners and Projects info

Highland health board (NHS Highland)

Shared value creation in the Healthcare economy through INtegrated business modEls

Partners and Projects info

Katholieke Universiteit Leuven – campus Kortrijk

Shared value creation in the Healthcare economy through INtegrated business modEls

Partners and Projects info

TNO Innovation for life

Shared value creation in the Healthcare economy through INtegrated business modEls

Partners and Projects info

Innovation Quarter

Shared value creation in the Healthcare economy through INtegrated business modEls

Lead partner

Project partner

Summary

Project name (EN): Shared value creation in the Healthcare economy through INtegrated business modEls

Project acronym: SHINE

Project start date: 2015-12-01

Project end date: 2020-01-31

Project status: closed

Total budget/expenditure: EUR 2 456 567.00

Total EU funding (amount): EUR 1 228 281.00

Co-financing sources:

ERDF: Amount, .

Documents

Documents on this project are listed below, and organised by category. Please note field "Data source", attached to each document. Keep.eu users are free to use these documents as long as they mention the data source and keep.eu.

Reports

Findings & Feedback about best practices of spin offs in the healthcare economy

Attachment type: file

Type of document: Report

Data source: https://northsearegion.eu/shine/output-library/

Publication date: 2020-10-05

Document date: 2018-12-31

Languages: en

Attachment file: Download

Mapping, Analysing and Reporting Barriers to Transnational Trade in Healthcare

Attachment type: file

Type of document: Report

Data source: https://northsearegion.eu/shine/output-library/

Publication date: 2020-10-05

Document date: 2017-05-30

Languages: en

Attachment file: Download

Partnership formation between healthcare organisations and companies: a process model

Attachment type: file

Type of document: Report

Data source: https://northsearegion.eu/shine/output-library/

Publication date: 2020-10-05

Document date: 2019-04-30

Languages: en

Attachment file: Download

Breaking with the past: The need for disruptive innovation in the governance of social enterprises

Attachment type: file

Type of document: Report

Data source: https://northsearegion.eu/shine/output-library/

Publication date: 2020-10-05

Document date: 2019-04-30

Languages: en

Attachment file: Download

Policy recommendations and implications for practice

Attachment type: file

Type of document: Report

Data source: https://northsearegion.eu/shine/output-library/

Publication date: 2020-10-05

Document date: 2019-04-30

Languages: en

Attachment file: Download

Retrospective case study

Attachment type: file

Type of document: Report

Data source: https://northsearegion.eu/shine/output-library/

Publication date: 2020-10-05

Document date: 2017-06-30

Languages: en

Attachment file: Download

The manual on propelling innovations in regional healthcare systems in the North Sea Region

Attachment type: file

Type of document: Report

Data source: https://northsearegion.eu/shine/output-library/

Publication date: 2020-10-05

Document date: 2017-09-30

Languages: en

Attachment file: Download

Information regarding the data in keep.eu on the programme financing this project

Financing programme

2014 - 2020 INTERREG VB North Sea

Last month that data in keep.eu was retrieved from the Programme's website or received from the Programme

2023-02-14

No. of projects in keep.eu / Total no. of projects (% of projects in keep.eu)

73 / 73 (100%)

No. of project partnerships in keep.eu / Total no. of project partnerships (% of project partnerships in keep.eu)

871 / 871 (100%)

Notes on the data

Information provided by the Programme. Achievements were retrieved by Interact from the Programme website (http://www.northsearegion.eu/), or a website directly linked from it, on 2021-09-20 and 2023-01-12.

Languages

Contact Form

Shared value creation in the Healthcare economy through INtegrated business modEls

Description

Thematic information

Partners (5)

Partners map

Summary

Documents

Information regarding the data in keep.eu on the programme financing this project

Disclaimer