Taking Academic Research To Market

Getting research produced by universities translated into new products and services has been an ongoing challenge for academia, industry and indeed government for some time now.  There has been an ongoing sense that it’s a pipeline that is not altogether functioning as it might do.

A recent report from the Academy of Medical Sciences, Royal Academy of Engineering, Royal Society, and the Wellcome Trust outlines a series of commitments to ensure that translation is recognized and celebrated as an integral part of academic research.

“The UK has a long history of excellence in research. To ensure our thriving knowledge economy results in the widest possible benefit to society we need to do more to continue to strengthen our translation system. Together we wish to increase the ease with which great ideas, discoveries and inventions can be transformed to generate real benefits for society and the economy,” they say.

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