research commercialization

Research commercialization is the process of transforming innovative ideas and scientific discoveries from research into market-ready products, services, or technologies. It involves steps such as developing prototypes, securing funding, protecting intellectual property, and partnering with businesses to bring the innovation to consumers or users. The goal is to turn academic or laboratory research into practical solutions that can benefit society, create economic growth, and generate revenue for the researchers and their institutions. Essentially, it bridges the gap between discovery and real-world application, ensuring valuable innovations reach the marketplace effectively.