What’s next in the Valley of Death? You decide
Hearings for the Commons inquiry into bridging the valley of death between research and commercialisation began today with a session that covered vacuum cleaners, graphene and Stevenage. The video is already available.
In the background of the video, you can see a PST blogger sending tweets, collated in this Storify.
Here are some of the most interesting propositions put forward by witnesses. Which do you think is most worthy of further investigation? If you tweet us @PSTtweets or leave a comment below, we’ll take a look into the most popular idea.
1. Government should specify a problem it needs solving or a technology it requires and fund this research as a customer.
2. R&D tax credits should be redirected at small companies, not the large ones which should be covering themselves.
Both from David Connell from the University of Cambridge.
3. BIS’s programme of match funding is working.
From Paul Nightingale, Science and Technology Policy Research at the University of Sussex.
4. The Patent Box scheme – Nightingale says it’s “probably the worst piece of public policy I’ve seen in my career”. (UPDATED as per the comments below.)
5. The UK has the opportunity for China to be a biosciences partner, not competitor: they have cash we have expertise.
From David Tapolczay, Medical Research Council Technology.
The next hearing will be at the same time next Wednesday and features investors. In the meantime, which of the above ideas should PST pursue?
Image courtesy of Heidi and Matt.