Unlocking the Commercialisation Process for Academic Ideas and Their Global Market Impact-Reference-Cited by-同舟云学术

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

Published:2023-01-01 Issue:1 Volume:3 Page:42-52
ISSN:2720-1279
Container-title:Law and Business
language:en
Short-container-title:

Author:

Emamian Sattar¹,Rahimian Farzad Pour²,Awang Mokhtar³,Dhingra Deepanshu⁴

Affiliation:

1. Fraunhofer Innovation Platform for Advanced Manufacturing at the University of Twente , Netherlands

2. Centre for Sustainable Engineering , Teesside University , UK

3. Department of Mechanical Engineering , Universiti Teknologi Petronas , Malaysia

4. Sigma Tech Solutions BV , Netherlands

Abstract

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.

Publisher

Walter de Gruyter GmbH

Link

https://www.sciendo.com/pdf/10.2478/law-2023-0004

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