Understanding commercialization of technological innovation: Taking stock and moving forward

Avimanyu Datta, Debmalya Mukherjee, Len Jessup

Research output: Contribution to journalArticle

36 Scopus citations

Abstract

The commercialization of technological innovation, which is key to entrepreneurial success, represents a combination of several entrepreneurial activities. Building on research in management, strategy, entrepreneurship, and economics, this research summarizes 194 articles from 62 journals, categorizing them into six broad entrepreneurial activity themes: sources of innovations, types of innovation, market entry competence and feasibility, protection, development, and deployment. This review and synthesis suggest a framework of commercialization and an agenda for future research along with recommendations and guidance for future research. The proposed agenda provides topics and research questions for research, as well as related recommendations regarding the study and practice of the commercialization of innovation.

Original languageEnglish (US)
Pages (from-to)215-249
Number of pages35
JournalR and D Management
Volume45
Issue number3
DOIs
StatePublished - Jun 1 2015

ASJC Scopus subject areas

  • Business and International Management
  • Business, Management and Accounting(all)
  • Strategy and Management
  • Management of Technology and Innovation

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