Article,

UK government science policy: the 'enterprise deficit' fallacy

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Technovation, 23 (10): 785--792 (October 2003)
DOI: 10.1016/S0166-4972(03)00014-2

Abstract

The UK government has recognised that getting science converted into products is a problem. They have identified the problem as an enterprise deficit. Whilst this paper does not argue with this diagnosis, it questions the impact of existing and proposed government policies to address the problem. The fundamental reasons for this low conversion rate are explored through an analysis of the characteristics of scientists, what motivates them, how they are trained, the environment in which they work, the way in which scientific research is funded and the university reward system. The paper concludes that we will never turn the majority of our public scientists into entrepreneurs and disputes the premise that we should want to.

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