| Session Title: Pragmatic Evaluation and Management of Network-wide Research, Innovation and Value Creation: Overcoming the 'Valley of Death' With Value-inclusive 'Co-evaluation' |
| Expert Lecture Session 610 to be held in Wekiwa 6 on Friday, Nov 13, 3:35 PM to 4:20 PM |
| Sponsored by the Costs, Effectiveness, Benefits, and Economics TIG |
| Chair(s): |
| Michael Scriven, Claremont Graduate University, mjscriv@gmail.com |
| Presenter(s): |
| Ron Visscher, Western Michigan University, visscron@aquinas.edu |
| Abstract: This session summarizes a benefit-cost-value-inclusive study that uses a generally applicable 'co-evaluation' method to evaluate itself, particularly it's fitness for enhancing processes used for research proposal review and driving value-creation across extended complex research and innovation networks. The interactive panel method is used here to model and simulate an extended peer review process implemented to address concerns of 'impactees' involved in research review and management. Panel members, representing anticipated 'impactees', gain first-hand experience with the method while assessing expected impact benefit-cost in actual operations. Impactee representatives use an interactive review process, preferably online to reduce travel cost. Sufficiently interesting proposals graduate through the following main steps: identification and estimation of interdependent impactees and impacts, comparison with competitive proposals and similar past efforts, alignment of unique and valuable proposals with synergistic knowledge and ongoing efforts into solution-oriented portfolios, and 'apportionment' of limited resources according to optimum expected network-wide value creation. |