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Unlocking the Commercialisation Process for Academic Ideas and Their Global Market Impact Cover

Unlocking the Commercialisation Process for Academic Ideas and Their Global Market Impact

Open Access
|Dec 2023

Abstract

In an era where the transformation of knowledge into innovation and its successful commercialisation holds paramount significance, this paper explores how universities can turn their research into valuable products and impact the global market. It highlights the substantial impact of collaboration across different phases on innovative concepts, accentuating its influence on the quality of commercialisation. Data collection and market research findings indicate the pressing need for an efficient platform to facilitate collaborative endeavours. As a proposed solution, SCIONS encourages collaboration, sparks creativity, augments commercial prospects, and nurtures practical problem-solving. As a seamless, community-driven platform, it empowers academia to proffer scientific solutions to industry requirements and fosters a competitive marketplace for academic research solutions.

Language: English
Page range: 42 - 52
Published on: Dec 29, 2023
In partnership with: Paradigm Publishing Services
Publication frequency: 1 issue per year

© 2023 Sattar Emamian, Farzad Pour Rahimian, Mokhtar Awang, Deepanshu Dhingra, published by Polish Economic Security Foundation. Institute for Legal and Economic Dialogue and Analysis
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.