Technology transfer--the rôle of venture capital.
In summary, let me say that the transfer of technology can be managed successfully. In the context of 3i as a whole, we have supported 1600 start-ups in the last five years although, obviously, not necessarily in high-tech industries. In 1987 3i Ventures fully expects to invest a further few million pounds in either start-ups or pre-stock market companies within the health-care and biotechnology sectors. It requires that everyone involved, including the venture capitalist, fulfils their rôle with commitment. It can be a difficult and lengthy process, but it can also be fun and very rewarding.
3i Ventures, Investors in Industry plc, London.
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Morgan
D007221:Industry; D007449:Investments; D013677:Medical Laboratory Science / Q000191:economics*; D006113:United Kingdom