Into the valley of death: research to innovation.

  title={Into the valley of death: research to innovation.},
  author={John Hudson and Hanan F Khazragui},
  journal={Drug discovery today},
  volume={18 13-14},
The phase between research and successful innovation is known as the valley of death. Increasingly, researchers from the pharmaceutical industry and academia are working together, often encouraged by governments, to cross this 'valley' as they seek to bring basic research to the market. This is consistent with newer models of innovation policy that stress interaction between the different agents across the innovation process. Here, we examine this interaction in the UK, the EU and the USA using… CONTINUE READING
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