What does 'research commercialization' entail?

Enhance your Certified Research Administrator Exam prep. Access flashcards, multiple choice questions with explanations, and more. Get exam ready today!

Research commercialization involves the process of translating scientific findings and innovations into marketable products or services. This includes activities such as protecting intellectual property, developing a business model, testing the market, and ultimately selling the research outcomes to consumers or businesses. The goal is to leverage research results to create economic value and advance technology, transferring knowledge from the lab to practical application.

The other options do not accurately represent the essence of research commercialization. Securing funding for research projects pertains to financial aspects and does not address the market application of research findings. Comparing research methodologies focuses on the methods used in conducting research rather than the outcome or application of that research. Publishing academic papers is part of disseminating knowledge but does not involve transforming research into commercially viable products or services.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy