Page 218 - SAMRC Annual Report 2024-2025
P. 218

Strategic        Risk context to         Risk                       Opportunities to
              priorities       value creation          mitigations                create value
              Support, through   Lack of further development and commercialization of (a) SAMRC-owned and (b)
              funding and other   SAMRC-funded innovations
              mechanisms,                              •  IP and Commercialization   •  Active engagement for
              technology       Limited funding for/value   Policy, Strategy and     external partnering to
              development and   proposition of innovation,   Procedures             pursue commercialization
              implementation,   reducing interest from                              opportunities
              and innovations   industry to commercialize or   •  Regular review of the SAMRC
                               target market to implement
              in health and    the innovation             IP portfolio
              technology delivery                      •  Active follow on SAMRC-
              to improve health                           funded projects to progress
                                                          to next stage of development
              Build human      Limited research capacity in scarce skills
              capacity for
                               Further development of   •  Capacity building strategy for   •  Continuous engagement
              the long-term
                               research scientists needed   supporting the development   with Universities to identify
              sustainability of
                               to assist in growing the pool   of HDI research scientist  scholarship and bursary
              the South African
                               of South African HDI medical                         candidates
              health research
                               research scientist
                                                                                  •  Established strategic
                                                                                    relations with institutions for
                                                                                    collaboration and accessing
                                                                                    researchers to build clinical
                                                                                    research capacity
              Translate new    Ensuring knowledge translation
              knowledge into
                               The risk of funding invested   •  SAMRC strategic and   •  Dedicated on-going
              policies and
                               in interventions not       business plans in place   investigation for further
              practices to
                               progressing into the next                            international funding
              improve health                           •  Understanding Units
                               phase of development/      needs and identifying and   opportunities
                               translation leading to     sharing success of research
                               missed opportunity to      translation stories
                               impact nations health/sub-
                               optimally designed studies
                               not meeting key stakeholder
                               requirements




































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