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Topic:commercialization

commercialization

Since 2021, aggregated from related topics

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    Commercialization in the context of research refers to the process of taking innovative ideas, technologies, or products developed through research efforts and bringing them to the market for commercial use. This involves transforming research outcomes into viable products or services that meet market needs, securing intellectual property rights, obtaining funding for further development, and ultimately generating revenue through sales or licensing agreements. Commercialization can play a crucial role in driving economic growth, fostering innovation, and solving societal challenges by bridging the gap between academia and industry.

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