Harnessing Public Research for Innovation in the 21st Century

by Anthony Arundel

Universities and public research institutes play a key role in enabling the application of scientific breakthroughs and innovations in the marketplace. Many countries – developed and developing alike – have implemented national strategies to support the application or commercialization of knowledge produced by public research organizations. Universities and public research institutes have introduced practices to support these activities, for instance by including knowledge transfer to promote innovation as a core part of their mission. As a result, a vital question for policymakers is how...