Policy support to commercialisation and Europe's 'commercialisation gap'
by Andrea Szalavetz
International Journal of Technology Transfer and Commercialisation (IJTTC), Vol. 13, No. 3/4, 2015

Abstract: Despite substantial public funding dedicated to enhance the commercialisation and the market uptake of research results (CMU), Europes perceived 'commercialisation gap' vis-à-vis its main competitors has remained substantial. This paper surveys the commonalities of successful commercialisation policy instruments, based on case studies of five European and four non-European CMU policy measures. Five common features are identified: 1) specific policy design; 2) combination of financial support and complementary services; 3) the spanning of several stages of the innovation cycle; 4) virtuous Matthew effect; 5) policy learning. These commonalities ensured that the policy instruments effectively addressed critical weaknesses in countries innovation systems.

Online publication date: Thu, 07-Apr-2016

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