TAILIEUCHUNG - State policies in promoting the commercialization of government funded research and development results
In recent years, the commercialization of scientific research and technological development (R&D) results (hereinafter referred to as commercialization) has received due attention of the Party and State. In reality, though it has achieved success, to some extent, in specific cases, commercialization or transfer of R&D results into production, life in our country in general is still a very difficult task. This study is to discuss some policy solutions to promote the commercialization of R&D results. | State policies in promoting the commercialization of government funded 12 STATE POLICIES IN PROMOTING THE COMMERCIALIZATION OF GOVERNMENT FUNDED RESEARCH AND DEVELOPMENT RESULTS Dr. Nguyen Quang Tuan National Institute for Science and Technology Policy and Strategy Studies Abstract: In recent years, the commercialization of scientific research and technological development (R&D) results (hereinafter referred to as commercialization) has received due attention of the Party and State. In reality, though it has achieved success, to some extent, in specific cases, commercialization or transfer of R&D results into production, life in our country in general is still a very difficult task. This study is to discuss some policy solutions to promote the commercialization of R&D results. Keywords: Commercialization of research results; Technology development; R&D; Policies; Mechanisms. Code: 14082901 1. Commercialization of research and development results and experience of some countries in the world In this paper, commercialization of R&D results is interpreted as the conversion of R&D results into production and life (Siegel et al., 1995; Goyal, 2006). Commercialization is a complex process, undergone through many different stages from formation of the research idea to successful introduction of the research results in market. Figure 1 is a simulation of the commercialization process as such. For successful commercialization, all the stages involved in the process needs to be successful, failure at any stage could lead to failure of the whole process. For example, it is hard to imagine that a bad research idea could lead to successful commercialization. Idea Idea assessment Development and Experimentation Proposal Support Finish Figure 1. The process of commercialization of R&D results Source: Goyal, 2006 However, a good idea does not necessarily lead to successful commercialization. Dhewanto et al., (2009), through their study on JSTPM Vol 3, No 3, .
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