Extract . . .
“With industrial research increasingly under pressure to produce rapid profits, and universities rightly concerned with primary research, can university spin-off companies fill the gap between invention and commercialization?
A major aspiration of science is to advance the living standards of human beings and, if at all possible, secure a bright future for generations to come — an aim that is likely to require development and commercialization of scientific discoveries in rational ways. Industrial research and development (R&D) laboratories, such as the renowned AT&T Bell Labs, have traditionally played the bridging role between fundamental research carried out in universities and industrial development in private companies.”
Link
http://www.nature.com/nmat/journal/v5/n12/full/nmat1790.html
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