Whiting-Turner Business & Entrepreneurial Lecture
Thursday, October 18, 2012
Kay Boardrooms, Kim Building
301 405 6501
"The Plight of the Innovator - How to Get Out of It"
Speaker: Thomas J. Fogarty, M.D., Fogarty Institute for Innovation
Abstract: The field of medicine is not always friendly to innovation. The Hippocratic Oath states, Do no harm, and so we teach, particularly in surgery, Do the same things, the same way, to the same people. The standard of care in the legal arena is another factor weighing against innovation; if you do not adhere to the standard of care and your patient develops a complication, you will likely be sued and lose the suit. However, while consistently applying proven approaches is important, and standards have their place, there are significant differences among patients that we must recognize and treat, and new technologies whose promise we must explore. This is where innovation comes in. Innovation means that the new must displace the oldnot only old technologies, old concepts and old relationships, but old perspectives. To displace the old, the new must prevail or we must make the old new again. This is the plight of the innovator.
Lecture will be preceded by a reception at 4:30 p.m.
This lecture is a part of the Fischell Festival of Bioengineering.