Entrepreneurship for Commercialization of University IT Research Outcomes

Commercialization of research by academic scientist have been recognized as an important driving force for technology transfer and wealth creation yet the level of success of commercialization of inventions (innovations) for IT products from universities to industry are questionable. There is a paucity of 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 selective case studies in the technology and science park with venture capitalist and firms from industry in the commercialization program engagement. The outcomes are expected to offer a research commercialization model and practical contribution for successful commercialization and licensing among academics.