What are they talking about?

 

In a Science article the authors, some folks from a Southern Business School, opine on how R&D should be conducted. The recognize that research is now well established in the University, Venture funded entities are able to convert that research into services and products, and large corporations can often, but not always, industrialize these entities. The fail to note than many start ups continue to grow independent of a third party, but let that slide.

They then state:

 One lesson is clear: The American research university is the indispensable foundation for innovation. Industrial research in America arose partly because university research was underdeveloped, but over time, the two flourished together, reinforcing each other. It is not necessary to choose between universities, start-ups, and corporate laboratories. Instead, the institutions that connect them must be strengthened, and the scientific foundations that make those connections possible must be protected.

My question is simple: what are the institutions that connect them? I spent a few years after having done my own start ups and tried to go to the university and then commercialize them. Not a single success. The university research often lingers in the valley of death, where the researcher holds on to the idea but simultaneously wants to keep their academic position. That is a bad example of the wing-walkers rule, never let go of something until you have a firm hold of something else. The result may be half of you stays on the two aircraft. 

I wonder why these academics postulate some undefined solution. It appears they have no hands on experience. At the best, one may license a patent from an institution. However that can be a painful process, I also have done that. You often are still stuck with the researcher. The problem is that researchers live in silos. Thus they may have a great technology, but have no idea as to how to manufacture it. I would get a test tube worth but need tons!

This three step process is weak. Lots of great ideas and technology but getting it to a viable start up phase is complex. The worst I have ever seen was MIT starting its VC fund. A university should not be in the position of choosing winners and losers. Research is research. It is not product development. It lacks the ruthless hand of management.