Technology Commercialization as the Effective Function in Technology and Economy Development

Nowadays, research has been received a great attention due to innovation and also the innovation is being observed because of economic wealth. In present world, the concept of research has lost its meaning from the cultural point of view, while its and economical function has been greatly magnified. Commercialization is the important part of innovation process and no technology and product would come into market successfully without it. Producing contexts for knowledge and technology, can create noticeable economical values for organizations, and also leads to economical and technological growth of the society. In this paper, we try to introduce the technology commercialization and its process, and also reviewing the importance of technology commercialization and its role in development of new technologies. Along with it, the important functions which are effective in technology commercialization and its success, classification, and technology commercialization risks will be reviewed.