Research Commercialization

Commercialization is the process that converts ideas, research, or prototypes into viable products that retain the desired functionality, while designed them to be readily produced at low cost and launched quickly with high quality designed in. Commercialization also involves creating industrial linkages, development of creative business plans. After development also implementation plans to development of proto-type and then actual product. Commercialization is a necessary step for commercial success for innovations result a research effort.