Aren't university research labs a type of a studio? 1) Generates and tests ideas but within the scope of the professor's expertise and vision (what the article

Aren't university research labs a type of a studio? 1) Generates and tests ideas but within the scope of the professor's expertise and vision (what the article calls the "focus"). An automatic moat if the idea is something the research lab has been working on for years and knows all the research on it. 2) Despite the challenges of grant funding, university research labs generally fail from lack of funding at a low rate over 20 years. Especially compared to the runway of a typical angel/VC funded startup. 3) Has the ability to commercialize at the right time and immediate access to an amazing employee pool (like Qualcomm, Google, Tableau, Duolingo, VMWare, Coursera), trading off some of the financial upside for reputation. Of course, many research labs opt to run like paper publishing factories instead, but it's up to the professor.