ACR 2015 Consumer Neuroscience Roundtable

A bit delayed but here are some thoughts on the consumer neuroscience roundtable at ACR 2015. One of the notable aspects was the involvement of industrial participants. I found it alternatively depressing and invigorating. First the depressing part. The involvement of the industry participants really highlighted for me the gulf between what industry wants and what academia can deliver. This really underscores the lack of a clear value chain that connects basic researchers and practitioners.

In a mature and functional product development value chain, there is a virtuous cycle where basic research creates new possibilities, which are exploited and refined to fill some need, which in turn creates more demand for basic research.
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But in a new or dysfunctional one, basic researchers create possibilities that are not exploited, for a variety reasons. Alternatively, industry want deliverables that cannot be satisfied, for a variety of reasons. It’s like the old Tolstoy quote, “Every happy family is happy in the same way. Every unhappy family is unhappy in its own way.” Except instead of Anna Karenina, we get (i) moonshots in the sense of “if we can do X, everything is going to be different”, and (ii) vaporware, “everything is going to be different!

The really depressing part is that, instead of thinking strategically about closing this gap, everyone is being asked to be all things to all people. Academic researchers are told that, “Show that your methods works in the way that industry would want to use them,” while practitioners are told that, “Show that your methods work and provide scientific proof.”

Now, both of those requests are perfectly reasonable in themselves. Nobody can argue against them. But imagine if the pharmaceutical or any other field worked this way. A chemist finds some new molecule, instead of passing it along to the next part of the chain, they need to find their own disease target, then do their own trials, and perhaps then sell it to hospitals and market to doctors and patients.

THESE THINGS DON’T HAPPEN IN A VACCUM.

Okay, now the (cautiously) optimistic part. Even given so much pessimism, marketers and businesses remain intrigued and excited by neuromarketing. Even without much strategic planning, there are optimistic signs that neuroscience can indeed deliver value. Nothing like “pushing the buy button”, but something more interesting. Imagine what can happen with a bit of planning, coordination, and division of labor.