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Although the economic benefits of a project of this scale are hard to predict, based on the number of employees per square meter at research parks in the United States, Cook estimates that the MaRS Centre could create as many as 6000 full-time positions in basic research, corporate R&D, and commercialisation support within the next few years.
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Obviously, trade and commercialisation supported the establishment of traditional controlled areas [33].
Though electric vehicle sales are still hindered by battery performance, cost and a few other technological bottlenecks, focused commercialisation and support from government policies are encouraging large scale electric vehicle adoptions.
The aim is to provide a tool that can help to focus research and development attention on the system characteristics critical for commercial success of these technologies, present cost targets for developers, and to ensure policy makers provide appropriate instruments to support commercialisation.
George Osborne this week announced an investment of £50m to create a research hub to support the commercialisation of the wonder material, the aim being to manufacture products in the UK.
Additive manufacture (AM) is receiving significant attention globally, reflected in the volume of research being carried out to support the commercialisation of the technology for industrial applications and the interest shown by government and policy makers in the technology.
Scottish Enterprise will help to support its commercialisation.
Established in 1999 by Scottish Enterprise in partnership with the Scottish Executive, the 3-year, £11 million fund was designed to support the commercialisation of cutting-edge research and technologies in academic institutions throughout Scotland.
"[Back then] we were at the start of a review [with the Stanford Research Institute] of how we support entrepreneurship and commercialisation of university technology in particular," Mitchell says.
KTOs focus primarily on science commercialisation from their host university, supporting the goals of the administration, but also supporting stakeholders working in different TH institutional spheres, such as the scientists and the decision-makers (Jensen et al. 2003).
Andra Keay is managing director of Silicon Valley Robotics, the not-for-profit industry group supporting innovation and commercialisation of robotics technologies.
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