Innovation means the transfer of an idea into a commercial or cultural success. Financial instruments like public funding of research activities  are an established instrument for fostering the innovation process. It reduces the financial risk and activates the exchange of competencies within a research group. But mostly no breakthrough Innovation can be realized in spite of all financial support. This phenomen is called as a "‘Valley of Death’ existing between basic research and commercialization of a new product. From my viewpoint there might be a theory to overcome this situation. Any comment or discussion is welcome.

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