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Commercialization Discussion Questions

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1. What technological and market factors affect the commercialization process?
2. Why does the development and commercialization process differ for the different types of innovation?

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Commercialization Discussion Questions

1. What technological and market factors affect the commercialization process?

The technological factor that affects the commercialization process is that it is necessary to evaluate the soundness of technology. If the technology is weak the commercialization process can be wrecked, on the other hand if there is an innovative technology and is not patented properly, competitors may launch the product before the commercialization takes place. If the technology is costly and is patented safely, the commercialization process can bring in large profits as higher prices can be charged.

The market factors that affect the commercialization process are the number of close ...

Solution Summary

The expert determines what technological and market factors affect the commercialization process. Why the development and commercialization process differs for the different types of innovation is determined. References are provided.

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