Commercialization of technology innovations and patents: issue and challanges

Abstract

This paper discusses various issues and challenges related to the commercialization of technology-innovations and patents. The main issues dis- cussed here are: to go for pat- ent or not, techno-innovations to techno-entrepreneurship, supports for commercializa- tion of technology innovations/ patents, technology business incubation, technology transfer, enterprising tendency & charac- teristics and some other small issues related to commercial- ization of patents. The issues are discussed with the help of literature review and three case studies.