Writing in Business Weekly, Teri Willey, Chief executive of Cambridge Enterprise, the university’s commercialisation arm, says: “We’re seeing no downturn in the innovation emanating from within the university or the appetite of inventor academics keen to commercialise their bright ideas. Whatever the economic landscape it doesn’t deter us. The interest in spinning out companies, licensing companies’ technology and leveraging expertise within the university doesn’t wane.”
Willey goes on to say: “The science and technology coming out of Cambridge is always excellent. When you analyse the risk profile of what we do there are always going to be risks surrounding the science & technology concerned – the Intellectual Property, financing, management, marketing and so on. But the lowest risk we have out of all of these potential concerns is the quality of the science & technology. The risk is so low it’s almost not worth looking at.”
Read the full story story of innovation, technology and investment here.