The incoming chairman of the University of London’s Institute of Cancer Research (IRC) has called for universities to allow their researchers to get rich in order to boost commercialisation.

Luke Johnson (pictured), a restaurant entrepreneur and former chairman of UK-based television station Channel 4, took up the unpaid role with the IRC with the specific purpose of boosting its fundraising and commercialisation efforts.

He said that although commercialisation and entrepreneurial efforts were on the increase at UK universities, much more…

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