WGPlus (Archive)

We must break the habit of decades and commercialise UK inventions in the UK

Increased investment in R&D by business is crucial if university research is to be transformed into successful commercial products, the Science & Technology Committee has reported.  The findings of their report form part of the ‘managing intellectual property & technology transfer’ inquiry, which explored the role of universities in commercialising their research.

The Committee found that while there is not a 'one-size-fits-all' approach to successful technology transfer, universities, and their 'technology transfer offices', need to share best practice.  They recommend the soon to be established UK Research & Innovation (UKRI) should take a pivotal role in developing & sharing good practice in commercialising university research.
Researched Links:

PC&PE:  Improvements needed to the commercialisation of university research

HEFCE:  Science & Technology Select Committee endorses HEFCE's support for university research commercialisation

CBI: UK must get better at commercialising research

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PC&PE:  Government must ensure UK benefits from Autonomous Vehicles

techUK:  UK Electronics & PCB Industry in January 2017

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