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Constructing a Criteria Assessment Framework for Early Medtech Innovation Projects at China's Proof of Concept Centers

Authors:
Fuping Pai

Keywords: Proof of concept; medical technology transfer; medical technology innovation.

Abstract:
Proof of Concept (POC) plays a key role in reducing the risk of failure and increasing the success rate of translating technology innovation ideas into prototyping and is often applied in technology transfer processes. In recent years, China has introduced public policies to support the construction of proof-of-concept centers to encourage medical technology (medtech) Research and Development (R&D). A comparative case study was done to explore the commonalities and differences between current China and the US practice of government-led proof of concept centers’ project assessment criteria. Based on the findings, this research consolidated a criteria assessment framework for early-stage medtech project selection, in hopes to serve as an assessment tool to clarify the selection criteria at proof-of-concept medical technology centers in China.

Pages: 1 to 4

Copyright: Copyright (c) IARIA, 2024

Publication date: September 29, 2024

Published in: conference

ISSN: 2308-4553

ISBN: 978-1-68558-189-3

Location: Venice, Italy

Dates: from September 29, 2024 to October 3, 2024