Image for commercialization of research

commercialization of research

Commercialization of research involves transforming scientific findings or innovations into products, services, or processes that can be sold in the marketplace. It typically includes steps like developing prototypes, protecting intellectual property, and partnering with industry to bring the idea to consumers or businesses. The goal is to translate academic or experimental work into practical applications that generate economic value, improve quality of life, or solve real-world problems. Essentially, it bridges the gap between research and market, turning ideas into tangible offerings that can be widely adopted and benefit society.