Skip to main content

Commercializing the Technology: Transitioning from the Academic Lab to the Market

  • Chapter
  • First Online:
The Quintessence of Basic and Clinical Research and Scientific Publishing
  • 679 Accesses

Abstract

Technology commercialization is one of the major factors contributing to the economy of a country. The various stages of this process are disclosure of the invention, evaluation of the technology, commercialization in partnership with the industry or creation of a startup company. Protection of intellectual property and licensing arrangements are central to this commercialization process. Currently, research and development in universities and public-funded institutions are not focused on innovations relevant to the industry. The changes that are necessary to improve this at the academic institutions, their organisational setup, the quality of their faculty and their research focus and the policies and initiatives at the national level are discussed in this chapter.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 149.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book
USD 199.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  1. Palmintera D, Joy J, Xiang EX (2007) Technology transfer and commercialization partnerships. Innovation Associates Inc. www.InnovationAssociates.us. Accessed 5 Jan 2023

  2. Michigan Technological University/Innovation and Commercialization. https://www.mtu.edu/research/innovation/. Accessed 1 Jan 2023

  3. Jordan JF. First online date: 2018-06-29. Innovation, commercialization and the successful startup (Working Paper). https://kilthub.cmu.edu/articles/journal_contribution/Innovation_Commercialization_and_the_Successful_Startup/6471581. Accessed 1 Jan 2023

  4. O’shea RP, Allen TJ, Morse KP et al (2007) Delineating the anatomy of an entrepreneurial university: the Massachusetts Institute of Technology experience. R & D Manag 37:1–16

    Google Scholar 

  5. Ravi R, Janodia MD (2022) Factors affecting technology transfer and commercialization of university research in India: a cross-sectional study. J Knowl Econ 13:787–803

    Article  Google Scholar 

  6. Srivastava P, Sunita C (2012) Technology commercialization: Indian perspective. J Technol Manag Innov 7:121–131

    Article  Google Scholar 

  7. Kumar N, Pant G, Kulkarni SR (2018) The journey of the world’s first non-steroidal contraceptive from Academic venture to National Family Program. Curr Sci 115:1638–1640

    CAS  Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to A. Sankaranarayanan .

Editor information

Editors and Affiliations

Ethics declarations

The author declares no conflict of interest.

Rights and permissions

Reprints and permissions

Copyright information

© 2023 The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.

About this chapter

Check for updates. Verify currency and authenticity via CrossMark

Cite this chapter

Sankaranarayanan, A. (2023). Commercializing the Technology: Transitioning from the Academic Lab to the Market. In: Jagadeesh, G., Balakumar, P., Senatore, F. (eds) The Quintessence of Basic and Clinical Research and Scientific Publishing. Springer, Singapore. https://doi.org/10.1007/978-981-99-1284-1_56

Download citation

Publish with us

Policies and ethics