I would like to start from the other side: “Why is robotics great in creating new technologies and poor in creating new businesses?”. Well, someone may disagree, but I really think that robotics is great in creating new technologies. However, almost everyone agrees that robotics is poor in creating new businesses.
In my opinion, this is due to two main reasons:
Based on that, a successful funding scheme should foster the transition from research and technology to integration and business. This does not mean that one should directly fund companies, but that the funding scheme should enforce market orientation. In addition to the fundamental research, a successful funding scheme should put in place a combination of market oriented technological research, development of integration solutions, and pre-commercial procurement. This should, hopefully, help new robotics applications to reach the market.