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The World Gold Council today announced that it is to play a pivotal role in the transition of new gold-based innovations from ‘lab’ to ‘market’.
  Technology and Gold
 
 
The World Gold Council today announced that it is to play a pivotal role in the transition of new gold-based innovations from ‘lab’ to ‘market’. There has been an explosion of interest in the use of gold in science and technology, mainly driven by the emergence of nanotechnology, yet breakthroughs in research are slow to achieve commercial success due to lack of further targeted investment and support. The World Gold Council’s initiative will help bridge the gap between government-funded early stage research and venture capital-backed commercialisation through investing in gold-related technology in the fields of medical diagnosis and treatment, protecting the environment and renewable energy.

This announcement is accompanied by a new report, Gold: The hidden element in innovation, which details how the use of gold has led to the development of ground-breaking advances. As technology continues to progress, gold will be used in a multitude of new products and processes, and the World Gold Council expects these innovations will help address critical needs in medicine and the protection of the environment.

Dr Richard Holliday, Director, Technology at the World Gold Council said:“The role of gold at the heart of many scientific advances is an untold story of innovation. Although little heralded, gold is the hidden element that has increased the efficiency, accuracy and effectiveness of many technologies. We will continue to provide our expertise and resources to help bring exciting new gold-based technologies through to commercialisation.”

The World Gold Council has also formed a new International Technology Advisory Board comprised of internationally recognised experts to help provide additional insight and guidance on its research and development activities in 2011 and beyond.
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