The fruits of EU research are not being converted into marketable
products due to difficulties in funding expensive "demonstration"
projects, according to Bernhard Schleich of SusChem, a
European technology platform for sustainable chemistry.
Schleich says Europe's research funds are geared towards pre-competitive research but stops short of backing new technology when it approaches the demonstration phrase.
He said most funding opportunities in Europe are still "research-oriented".
But it is a big step from a research result to a final, marketable product. Here, companies are often left alone because this phase is no longer considered pre-competitive – which is not always the case. Often excellent research will not be developed further because no 'risk funding' is available, Schleich said in an interview with EurActiv.
To read the full, original article click on this link: Research wasted as 'demo projects' face funding drought | EurActiv
Author: EurActiv
