The Valley of Death is
|“||a gap in funding or investment that can occur after research on a new technology and its initial development.||”|
"Specifically, the Valley of Death concerns the gap in support (typically, a lack of access to capital) that characterizes the transition of an invention from the point of validation in a laboratory environment to prototype demonstration in a non-laboratory environment (prior to acquisition by industry as a commercial product)."
- ↑ Nanomanufacturing: Emergence and Implications for U.S. Competitiveness, the Environment, and Human Health, at 25 (citation omitted).
- ↑ Id. at 25 n.22.