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Valley of Death

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Definition Edit

The Valley of Death is

a gap in funding or investment that can occur after research on a new technology and its initial development.[1]

Overview Edit

"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)."[2]

References Edit

  1. Nanomanufacturing: Emergence and Implications for U.S. Competitiveness, the Environment, and Human Health, at 25 (citation omitted).
  2. Id. at 25 n.22.

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