The 'Valley Of Death' Between Academia And Commercializing A Product
Monday, November 3, 2014 - 14:50
in Mathematics & Economics
A professor with a company and the idea of commercial success with something they developed is very common, in everything from biotechnology to software. But the 'Valley of Death' between the lab and a company is daunting. In Physics World, James Dacey notes that the challenges facing all start-up companies as they move from prototype to product are somewhat harder for physicists because of two factors: physics-based inventions are usually far less market-ready than academics think and the corporate world is more complicated. read more