What is meant by the Valley of Death in innovation?

by SMEBOOK (admin) · January 19, 2021

The phase between research and successful innovation is widely known as the valley of death. Interestingly, researchers from both the pharmaceutical industry and academia are working in tandem, with support from governments, to cross the ‘valley’. This is crucial in bringing research to the market. With that in mind, many industries face this issue or succumb to the ‘valley of death'.

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What is meant by the Valley of Death in innovation?

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