Technology commercialization is the process of transforming an idea or scientific discovery that solves a problem into new or improved product, process or service. Why Worry About Technology Management?. Research is becoming more results-oriented.
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Technology commercialization is the process of transforming an idea or scientific discovery that solves a problem into new or improved product, process or service
R & D
The Process by which the private value of the creative outputs of research are protected.
no “prior art” - a novel invention
has not been publicly disclosed
has not been made or sold in commerce
not obvious to a person “skilled in the art
no “prior art” which would suggest the invention
has a purpose
May include anything “under the sun” made by man...
Brings industry problems to the research laboratories
Establishing and maintaining the information system for international cooperation in science and technology.