Abstract
Few biotechnology innovations make it through the Valley of Death to markets. Based on our experience with academia, technology transfer offices, and industry, we provide insights into differences in operating levels, how to best traverse the Valley of Death, and ways to foster more innovation towards market implementation.
Highlights
The discovery process is generally considered too applied for further scientific funding but too risky to fund for industrial market implementation
Based on our experience with academia, technology transfer offices, and industry, we provide insights into differences in operating levels, how to best traverse the Valley of Death, and ways to foster more innovation towards market implementation
As industry has grown to depend on microorganisms, only one in 5000– 10 000 biotechnology innovations derived from academia survives the long route from the initial findings to product commercialization [5]
Summary
The discovery process is generally considered too applied for further scientific funding but too risky to fund for industrial market implementation. Few biotechnology innovations make it through the Valley of Death to markets. Based on our experience with academia, technology transfer offices, and industry, we provide insights into differences in operating levels, how to best traverse the Valley of Death, and ways to foster more innovation towards market implementation.
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