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SECTION A
In this section you will hear a mini-lecture. You will hear the lecture ONCE ONLY. While listening to the lecture, take notes on the important points. Your notes will not be marked, but you will need them to complete a gap-filling task on ANSWER SHEET ONE after the mini-lecture. Use the blank paper for note-taking.
Now listen to the mini-lecture.

The Commercialisation of Science and Technology
Science and technology and the role of commercialisation in that area are very interesting question. And it’s an issue which is going to be increasingly important, world wide.
Ⅰ. An overview of the relationship between science & technology and research development & innovation:
1) Science -- which is done to (1) new basic knowledge. (1)______.
Generally, that’s done in the universities, the government-
funded (2) and larger international companies. (2) ______.
2) Technology -- to do with the (3) of science. (3) ______.
It turns scientific discoveries into a useful product, or a useful service.
3) Research, development and innovation are (4) : (4) ______.
A. Research -- close]y related to basic sciences.
B. Development -- the process of taking the (5) scientific (5) ______.
idea or item and running it through to the development of
products and services.
C. Innovation -- putting the (6) into the market place. (6) ______.
Ⅱ. Proplems in commercialisation of technology:
1) The first one -- not getting enough funding to develop scientific ideas
into useful products and services;
2) Another one -- only 1/10 ideas taken to the final (7) ; (7) ______.
3) The third one -- Most people cannot guarantee a (8) return on their (8) ______.
investment.
Ⅲ. Companies and (9) ideas: (9) ______.
1) Because of various reasons, the technology would likely become outmoded;
2) Some companies (10) other specialized individuals or organisations (10) ______.
to do research on their behalf;
3) Governments need to encourage and facilitate the interaction of the domestic
firms with overseas companies.

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