In origin, breakthrough innovations might be shifting decisively from corporate labs to university research, but only an eighth of this intellectual property makes it across tech’s valley of death. Ed Cole discusses the prospects for finding more star commercialisers

Ed Cole

In deep tech, few innovations make it across the valley of death: the gap between research and the market. Even in the United States, estimates suggest that only 16 percent of the value created in research is released through licensing or equity (Knowledge at Wharton, January 2021).