The AERU Value Chain Compass

Value Co-Creation

Science

Science refers to the disciplined search for new knowledge that the value chain can use to create value in line with its mission. This includes science that leads to new understanding of the chain’s final consumers, as well as science that leads to new products or greater efficiency in production processing and distribution.

New knowledge can be a source of commercial advantage, but only if not immediately copied by competitors. Hence value chain management must consider how it can protect its science discoveries as intellectual property.

Questions for developing a value chain

• How does the value chain collaborate to fund investment in science that will create new knowledge in line with its mission?

• How does the value chain prioritise research topics in its portfolio of science investments?

• How does the value chain protect its science discoveries as intellectual property?