Bridging the Valley of Death
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.