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Towards Commercialization of University Research Outcomes: Comparative Theories

In: DIGITAL ENABLEMENT The Consumerizational and Transformational Effects of Digital Technology

Author

Listed:
  • Tamrin Amboala
  • Joan Richardson
  • John Lenarcic

Abstract

The commercialization of research by academic scientists is recognized as an important driving force for technology transfer and wealth creation. Due to the complexity of the process involved, the success of commercialization of inventions (innovations) from universities to industry is questionable. There is a paucity of general agreed commercialization in terms of execution processes to support inventions of prototypes and products moving from laboratories to the right market. This research aims to investigate the commercialization of research outcomes for IT products from the research centers to facilitate the commercialization objective. The analysis is carried out based on the comparative analysis based on different theories that underpinned technology commercialization. The analysis is expected to offer a research commercialization model and practical contribution for successful commercialization and licensing among academics.

Suggested Citation

  • Tamrin Amboala & Joan Richardson & John Lenarcic, 2018. "Towards Commercialization of University Research Outcomes: Comparative Theories," World Scientific Book Chapters, in: Shan Ling Pan & M S Sandeep (ed.), DIGITAL ENABLEMENT The Consumerizational and Transformational Effects of Digital Technology, chapter 13, pages 217-232, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789813209138_0013
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    More about this item

    Keywords

    Digital Enablement; ICT; Information Systems; China; Case Study; Qualitative;
    All these keywords.

    JEL classification:

    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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