Title: Policy support to commercialisation and Europe's 'commercialisation gap'

Authors: Andrea Szalavetz

Addresses: Institute of World Economics, MTA KRTK, 45, Budaörsi út, H-1112 Budapest, Hungary

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.

Keywords: commercialisation gap; market uptake; research results; policy measures; case studies; policy support; Europe; commercialisation policy; financial support; complementary services; innovation cycle; virtuous Matthew effect; policy learning; innovation systems.

DOI: 10.1504/IJTTC.2015.075835

International Journal of Technology Transfer and Commercialisation, 2015 Vol.13 No.3/4, pp.212 - 225

Received: 13 Nov 2014
Accepted: 10 Feb 2016
Published online: 07 Apr 2016 *

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