Author : the deputy director of the School of Public Policy and Management
Our project create a new perspective of the crux of the problem in the commercialization of S＆T, that is , parallel lines problem, sinking isolation problem and short circuit problem.
The parallel lines problem is the result of the science researchers and the entrepreneurs’ seeking quick success. Specifically, science researchers are seeking great success in international academic success and pursue cutting edge technology while entrepreneurs are pursing quick commercial gains with a low R＆D input. It is like two parallel lines that hinder the commercialization of S＆T.
The sinking isolation problem is the extension of the parallel lines problems. The value chain of innovation needs to be intact and consistent. If some process or parts are missing, the commercialization process would be cut off.
The short circuit problem’s main cause is science researchers’ pursuing quick success and economic gains. These researchers sell their ideas and products to entrepreneurs directly. Although this may improve some companies’ competence, it would be difficult to accumulate scale effect.
Our project has put forward five suggestions for the three problems. Namely, a strategy to propel applied research institutes to commercialize their products; entrepreneurs and investors take part in the whole process of S＆T innovation; conversion center should be built to create scale effect; platforms for industrialization needs to be constructed according to different industries; new strategic industries should be hatched.