SSTI, the State Science Technology Institute in the US, a kind of "sister organization" of TII (but with more information distribution than networking and less business membership than TII), publishes interesting reports. Lately SSTI published its Resource Guide (download from their site) I have taken an excerpt of the introduction (read below) The report has an interesting Commercialization Roadmap, which is good to give an overview/checklist about the many processes and expressions used involved in "Commercialization" (for those who like Tabular knowledge ;-)
Introduction ... Technology-based economic development is the approach used to help create a climate where that new economic base can thrive. Based on the experience of tech-based economies like Silicon Valley, Research Triangle, and Route 128, it is generally acknowledged now that the following elements are required for a tech-based economy:
•An intellectual infrastructure, i.e. universities and public or private research laboratories that generate new knowledge and discoveries
•Mechanisms for transferring knowledge from one individual to another or from one company to another
•Physical infrastructure that includes high quality telecommunications systems and affordable high speed Internet connections
•Highly skilled technical workforce
•Sources of risk capital
•Quality of life, and
This resource guide focuses on three of the elements – intellectual infrastructure, capital, and entrepreneurial culture – and is intended to assist economic development practitioners in their efforts to accelerate transition to technology based economies. ....
Practitioners can use the guide to implement and update programs addressing these three critical elements required for a tech-based economy. The guide also begins to resolve one of the most challenging issues for the tech-based economic development community: the paucity of written information that captures the insights, wisdom and practical knowledge of people who have decades of experience in the field.
The report caught my attention for another reason: its reference to PriceWaterhouseCoopers and their MoneyTreeReports.
The MoneyTree Report is a quarterly study of venture capital investment activity in the United States. As a collaboration between PricewaterhouseCoopers and the National Venture Capital Association based upon data from Thomson Financial, it is the only industry-endorsed research of its kind. The MoneyTree Report is the definitive source of information on emerging companies that receive financing and the venture capital firms that provide it. The study is a staple of the financial community, entrepreneurs, government policymakers and the business press worldwide.
The interesting point here is the overall drop in venture capital investment since the "Bubble" burst in around 2000 and the trend to see business angels consolidate their activity to move downstream in the funding pipeline, ie. investing larger sums than usual. But it's also evident that the US now also realizes a widening gap between early stage and VC funding.