It has been suggested recently that European universities and their technology transfer offices (TTOs) operate a broken commercialisation system that stymies growth and holds back entrepreneurs.
The system isn’t broken — it is specifically designed to back public — and charity-funded research and innovation over the long haul, something that many traditional investors are not set up to do. Whether it’s Cambridge’s Silicon Fen or London’s burgeoning artificial intelligence talent, universities’ access to industry, combined with the right levels of investment, has led to great success.
