Commercialisation is a process that converts ideas , research , or prototypes into viable products that retain the desired functionality , while designing them to be readily manufacturable at a low cost. Commercialisation also involves formulating the manufacturing and supply chain strategies , devising implementation plans , and implementing such plans. Commercialisation may be a necessary step for commercial success for innovations coming from startup ventures or company research efforts.
Spin-off / joint-venture companies
Licensing or Outright sale
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