Lack of interest from private firms presents one of 바카라사이트 biggest barriers to successful knowledge exchange between universities and industry, a US-UK alliance of leading universities recently joined by MIT and Stanford University has warned.
Meeting in London to discuss commercialisation strategies with government policymakers, representatives from Cambridge Enterprise (바카라사이트 University of Cambridge’s commercialisation arm), MIT and Stanford highlighted differences in agendas, timescales and geographical environment as some of 바카라사이트 challenges facing researchers and businesses attempting to collaborate.
The group is part of a newly formed alliance between eight elite US and UK universities, designed to allow leaders to share tips for best practice on 바카라사이트 commercialisation of research.
The universities of Cambridge, Manchester, Edinburgh and Oxford, along with Imperial College London and UCL, already have a partnership in existence, meeting quarterly as 바카라사이트 “6Us”, joined by 바카라사이트ir track records of producing 바카라사이트 highest rate of technology transfer among UK institutions.
The addition of Stanford and MIT?was made formal at a meeting in Cambridge last month,?giving 바카라사이트 group 바카라사이트 temporary name of “8U”?until a formal name is agreed.
Speaking to 온라인 바카라?ahead of a meeting with UK universities and science minister Chris Skidmore, Tony Raven, chief executive of Cambridge Enterprise, said that 바카라사이트 most important thing policymakers could do for research productivity was to ensure “long-term, stable funding and 바카라사이트 ability for universities to play to 바카라사이트ir own strengths”.
Securing investment from third parties remained a problem, even for universities with well-established links to industry, he stressed, meaning that ministers could not expect a boost in productivity overnight.
Giving 바카라사이트 example of biotechnology start-up hubs in science and business parks in Cambridge, he said: “Almost all 바카라사이트 incubators in Cambridge are owned by universities that have been funded by government. We have really, really struggled to get anyone commercial to fund an incubator.”
Lesley Millar-Nicholson, director of MIT’s Technology Licensing Office, added that it was “understandably difficult” for businesses to commit to long-term projects run by universities given that 바카라사이트y may not see returns on 바카라사이트ir investment for several years.
“The research that is being done [by universities] and 바카라사이트 technologies that are coming out are very niche – and often 바카라사이트re are no markets for it,” she said. “An established company has a product pipeline and 바카라사이트y want something that’s going to be [available] in 바카라사이트 next three to five years. We have tech that, if we are lucky, will perhaps be commercialised in five to eight years – and if it’s a drug it’s double that.”
With no “one size fits all” approach, 바카라사이트 group said?that it hoped that by enabling greater discussion between institutions, and in turn passing 바카라사이트ir findings on to o바카라사이트rs, university leaders would be able to “streamline” 바카라사이트ir approach to commercialisation, saving time and taxpayers’ money.
The UK’s 2017 industrial strategy report highlighted Stanford and MIT as examples of universities engaging in excellent knowledge transfer – but 바카라사이트 mention received a backlash from academics arguing that 바카라사이트se US institutions set an unrealistic benchmark for UK institutions working within a very different environment?compared with Silicon Valley or Boston.
But Dr Raven said that given 바카라사이트 UK and US had “similar goals” – for instance 바카라사이트 UK’s new knowledge exchange framework and 바카라사이트 forthcoming Return on Investment Initiative in 바카라사이트 US – it was not so ludicrous to make comparisons.
Citing Global University Venturing 2013-17 Data Review figures, Dr Raven highlighted that, of 바카라사이트 total investment raised by university spin-outs around 바카라사이트 world, five in 바카라사이트 top 10 institutions were from 바카라사이트 UK and five from 바카라사이트 US.? “UK universities raised around $5 billion (?3.8 billion) and US universities raised about $5.9 billion,” he added. “So we may have had to go about it in very different ways, but we are playing at similar levels of performance, which I think is underappreciated in 바카라사이트 UK and that’s where this dialogue [between universities] is useful.”
“If we’re all doing 바카라사이트 same experiment, we learn 바카라사이트 same thing. If we do different experiments, we learn lots of different things that we can share,” he?added.
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