Select Committee on Welsh Affairs Minutes of Evidence


Examination of Witnesses (Questions 740 - 741)

MONDAY 10 MAY 2004

PROFESSOR MOHAMMED WAHAB

  Q740  Albert Owen: But should money not follow that dynamism?

  Professor Wahab: It takes some time and requires planning.

  Q741  Chairman: What do you think about the technium idea?

  Professor Wahab: I think it is a very good idea. I heard a lot about technium because this is a standard agenda at the WDA board. It is a very good concept, and helps link incubation facilities with support from the university. I think it is good because it has a brand, which is very important. We also have to be very careful not to think that this is the solution to our innovation and R&D problems. It is one way of doing things, and it is not the only way. We need to experiment and explore many other forms. The technium experience will yield results in the very near future, but the near results I do not personally value because they are very new. Let us look what happens in five years' time. The difficulty with purely incubation is that it is no more and no less than that. If you ask a lot of academics or people who are managing universities about what they get out of having a technium, they will tell you, "not a lot". They will say: "We will put our own money in and hope to get something in the future." Alongside the technium, ideally we need to develop the R&D institutions that I was talking about. Those are a different kind of organisation, so we need both.

  Chairman: Thank you very much, Professor. Thank you for coming.





 
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