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Bridging the Valley of Death

Posted 14/02/2012

In response to the House of Commons Science and Technology Select Committee's inquiry into the commercialisation of research, the RSE has commented that:

  • A broad, systemic review of commercialisation, aimed at creating a culture of creativity and enterpreneurship in the UK, is urgently needed.
  • There is no one silver bullet: a package of incentives and actions must be combined with a change of attitudes across academia and the private and public sectors.
  • Government has a central role to play in stimulating private sector action by de-risking investment. This not only calls for financial support but includes long-term policy stability, smarter regulation, and the further development of incentives such as tax relief.

Read the response, 'Bridging the Valley of Death', here.

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