Innovation - The Relationship between Academia and Industry
Societal advancement is dependent on innovation. Novel ideas are often birthed in academia, while the tools for their development often lie within industry. Bridging the two can be difficult. Currently, tech transfer offices, innovation institutes and funding agencies aim to do so, but most support fails to capture early-stage ideas. A lack of knowledge and awareness compounds the problem: academics may miss the commercial potential of their ideas, and industry may not see academia as ...