MEASURING THE SCIENCE-TO-MARKET GAP — THE CASE OF NEW ENERGY TECHNOLOGIES

Abstract

With the aim of improving our understanding of the factors that affect the commercialization of new energy technologies (NET), this paper investigates the NET science-to-market gap for the European context. The results from interviews as well as a survey indicate that there is substantial disagreement regarding the importance of intellectual property rights and venture capital. We also found strong evidence that the stakeholders have low faith in each other. Arguing that science-industry interaction is a key ingredient for bringing NET to the market, we suggest that the science-to-market gap is rooted in different stakeholder preferences and expectations.University-industry interaction, technology transfer, new energy technologies