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To successfully generate more valuable technologies from accessing basic research knowledge, firms need to combine institutional and individual level bridges to universities and research institutes active in basic research.
While mobile inventors are needed to transfer and translate basic knowledge into new technologies, partnerships provide the commitment, resources and incentive structure to integrate this basic research knowledge more effectively into the firm's innovation process, thus improving the value capture from mobile inventors.
Within the frame of linear innovation, there is a sequential 'first-then' relationship between basic research (knowledge production) and innovation (knowledge application).
It is assumed in the RTI that the technological solution is of higher significance and potential to a country, if there is notable, existing R&D knowledge or basic research knowledge in the country in areas that are essentially related to the solution [5].
Since widely used traditional cancer therapy relies on destruction of tumours by cytotoxic treatment, understanding the details of OIS within the context of DDR signalling may provide us invaluable information for translating our basic research knowledge into successful clinical outcomes.
However, according to basic research knowledge about transplantation of neural stem cells, their transplantation in the acute phase when severe inflammation occurs results in a low rate of grafted cell survival.
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Non-linear innovation is interested in a more direct and parallel coupling of knowledge production and knowledge application, where there are mutual interferences and parallel as well as parallelized interactions between basic research and knowledge application.
The money spent on basic research creates knowledge that is valuable in its own right, but it is also a necessary prelude for the innovation that maintains a vibrant economy and society in the long term.
Academe, in the classic formulation, focuses on basic research, seeking knowledge for its own sake.
"One of the dangers we run now is that the innovative aspect is given … excessive weight, and that the source which innovation needs to come from, that is basic research and knowledge, is abandoned," says Juan Lerma, director of the Institute of Neurosciences in Alicante and president of the Spanish Society for Neuroscience.
Basic research advances knowledge that, regardless of its possible practical outcome, has a value per se.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com