Orthopaedic Innovation: From Inspiration to the OR (2021 Annual Meeting)-Orthopaedic Innovation: From Inspiration to the OR-Thal

Orthopaedic Innovation: From Inspiration to the OR-Thal

Video Transcription

Video Summary

The speaker discusses the innovation process in surgery, emphasizing surgeons' unique insights into clinical needs. Innovation extends beyond implants to instrumentation, biologics, and software. Success requires perception, persistence, and patience, often evolving through adaptations rather than groundbreaking ideas. The journey from concept to commercialization involves understanding market needs, protecting intellectual property, managing engineering challenges, and regulatory hurdles. Collaboration with patent attorneys, engineers, and business partners is crucial. Commercialization paths include starting a company, selling, or licensing patents, each with pros and cons. Licensing preserves ownership but requires strategic negotiation. Despite challenges, innovation remains rewarding and vital for advancing the field.

Asset Caption

Dr. Raymond Thal

Keywords

surgical innovation

clinical needs

intellectual property

commercialization strategies

collaboration in surgery