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ArticlePedia - Business Innovation - Personal Creativity
Creativity can be defined as problem identification and idea generation whilst innovation can be defined as idea selection, devel According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product opment and commercialisation. There are other useful definitions in this field, for example, creativity can be defined as consis ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in ing of a number of ideas, a number of diverse ideas and a number of novel ideas. There are distinct processes that enhance probl lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. m identification and idea generation and, similarly, distinct processes that enhance idea selection, development and commercialis here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe tion. Whilst there is no sure fire route to commercial success, these processes improve the probability that good ideas will be g d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro enerated and selected and that investment in developing and commercialising those ideas will not be wasted. Personal Creativ ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc ty How can individuals maximise their idea pool? Some powerful techniques include: a) Creative versus critical thinking. A easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi opt an uncritical frame of mind in order to generate a large set of ideas. Then apply reductive thinking, which involves being lo nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically ical, practical, focused, conservative and feasible. b) Break the task into smaller, manageable parts. Creativity can be problem and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ identification, idea generation and the idea pool can be measured against the number of ideas, the diversity of ideas and the no ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi elty of ideas. c) Be prolific. It can be declared with great certainty that quality positively correlates with quantity. The sin ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a le best creative product appears at that point in the career when the creator is being most prolific. d) Engage in the process, dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod hich includes: identifying the problem, intensely investigating, seek stimuli, use techniques to force idea generation and engage cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin in unrelated activities to trigger a variety of cognitive forces. e) Import competencies to frame break, bridge and counter par tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen chialism. Experience, tacit knowledge and intellectual cross pollination is the raw material of the idea generation process. f) t? As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel et incremental and final deadlines. Targets produce more output than simply "do your best." These and other topics are covered i ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust depth in the MBA dissertation on Managing Creativity & Innovation, which can be purchased (along with a Creativity and Innovatio y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products n DIY Audit, Good Idea Generator Software and Power Point Presentation) from . As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de .com/">http://www.managing-creativity.com/ You can also receive a regular, free newsletter by entering your email address at elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip this site. You are free to reproduce this article as long as no changes are made and the author's name and site URL are retained tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
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