User-friendly technology and the internet have given rise to “free innovation movements” in various industries, including the medical field. In an article published in MIT Sloan Management Review, a team of scholars discusses the benefits of patient innovation, calling upon both governments and the private sector to support it. The article is a fascinating read for patients, medical providers, commercial product designers and regulators alike.
In this summary, you will learn
- Why some patients are turning to do-it-yourself medical solutions to manage their symptoms, and
- How regulators and the private sector can support patient innovation.
About the Authors
Harold DeMonaco, Pedro Oliveira, Andrew Torrance, Christiana von Hippel and Eric von Hippel are scholars in the fields of technological innovation, law and health care at research institutions in the United States and Europe.