May 24, 2021

Innovation (with special guest Ed Harvey)

24 minutes

In this episode, Marc and Mo are joined by special guest Ed Harvey (tenured professor at McGill University and Past-President of the Canadian Orthopaedic Association) in a lively discussion on the topic of innovation in the field of orthopaedic surgery. The discussion touches on a number of related questions:

Invention is often confused with innovation. What is the difference?

What is the phenotype of a surgeon-innovator, and how does such an individual differ from a surgeon-scientist or surgeon-educator?

What are the necessary skills and qualities of the surgeon-innovator? How can we identify individuals with these skills, and how can we motivate individuals to develop them? Are people born with these skills, and can these skills be taught?

When is the right time to innovate? Are you ever too young or too old to innovate?

How does the concept of value relate to the concept of innovation? What are the roles of the “3 Ps” (Patient, Physician, and Payor) in achieving commercialization?

How does a surgeon-innovator define “success”?

Why is it important to have an efficient and effective team during the commercialization process? How does the team change over time?

What kind of expertise is needed to navigate the regulatory issues related to innovation?

What are investors and venture capitalists (VCs) ultimately looking for when evaluating an invention?

OrthoJOE Mailbag: feedback, comments, and suggestions from our audience can be sent to [email protected]

Links:

Schiffman CJ, Prabhakar P, Hsu JE, Shaffer ML, Miljacic L, Matsen FA 3rd. Assessing the Value to the Patient of New Technologies in Anatomic Total Shoulder Arthroplasty. J Bone Joint Surg Am. 2021 May 5;103(9):761-770. doi: 10.2106/JBJS.20.01853. PMID: 33587515. Link.

Duckworth, A. (2016). Grit: The power of passion and perseverance. Scribner/Simon & Schuster. https://www.amazon.com/Grit-Passion-Perseverance-Angela-Duckworth/dp/1501111108

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By Mohit Bhandari and Marc Swiontkowski

4.5

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