University Intellectual Property Commercialization: A Critical Review of Literature

Sharif, Sabri Mohamad; Ahamat, Amiruddin; Abdullah, Mariam Miri; Jabar, Juhaini; Bakri, Mohammad Hariri

doi:10.7456/1080sse/124

Cited by 4 publications

(4 citation statements)

References 46 publications

(74 reference statements)

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“…Equity-based -When a firm seeks finance from a group of people rather than a business angel or another private investor, this is referred to as equity crowdfunding or crowd investing. Some funders are particularly interested in projects that share their beliefs, are locally engaging, or provide job possibilities in their neighbourhood (Sharif et al, 2018). Others thoroughly understand the market, project, or firm in question and wish to contribute finances and experience to the initiative's success.…”

Section: Types Of Crowdfundingmentioning

confidence: 99%

Overview of Community-Based Crowdfunding in Malaysia: Legal Issues and the Way Forward

Othman¹,

Ali²,

Ilias³

et al. 2021

IJARBSS

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Section: Types Of Crowdfundingmentioning

confidence: 99%

Overview of Community-Based Crowdfunding in Malaysia: Legal Issues and the Way Forward

Othman¹,

Ali²,

Ilias³

et al. 2021

IJARBSS

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“…Through the provision of an appropriate legislative framework for innovative research culture, and property rights between academics and research institutes, the government plays a vital role in the commercialization of intellectual property. According to some academics, governmental financing accounts for 80% of research funding in Malaysia (Sharif et al, 2018…”

Section: Malaysian Government Initiative To Support Research Commercializationmentioning

confidence: 99%

“…Academia and research workers need to collect data and analyse it for commercialization activities at the right time and in the right place. Time to commercialise, link industry, government policy, IP laws, and guidelines for research technology transfer are all important aspects for successful commercialization (Sharif et al, 2018). c) Problems and initiatives related to manpower Strongly Disagree Disagree Neutral Agree Strongly Agree Lack of qualified staff or skilled manpower limits the potential to produce a larger scale of production.…”

Section: Disagree Neutralmentioning

confidence: 99%

Instrument Development to Review Factors for Research Commercialization Study in Universities

2021

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Recently, university commercialization has drawn growing attention to the role of the university as one of the drivers to local economic growth. Majority universities and other research institutes in Malaysia has established Technology Transfer Offices (TTO) to give support and guidance to the researchers in the bid to commercialize Research and Development (R&D) activities. The issues that are faced by current researchers are progressing and adapting to the role of developing and commercialising products while having lack of business acumen that hinders success in commercialization among the researchers. The objective of this study is to create a research model for commercialization study in universities and developing questionnaire to assess the issue in a holistic view. This study reviews the role of TTO, lists of incentives from the government to the researchers and factors that impedes the researchers’ output to the commercial bench. Contextual factor, Process factors and Organizational factors lead to the successful commercialization in the research institutes. A research model for impediment in commercialization is created and questionnaire for TTO and survey for researchers, are developed to investigate on the impediment factors that hinder success in the research commercialization among universities. The in-house developed instruments are modified based on massive literatures on commercialization to stimulate strategies and improvement of units from Planning to Execution role in the TTO. On another hand, researchers in the university will be able to plan and execute their research that will deliver scientific, technological, cultural and economic developments in addressing industrial, culture and social issues.

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“…For the modern economy, the development of innovation-oriented production is one of the most important conditions for the sustainable growth of production processes and increasing the efficiency of their functioning. The high level of competition between Ukrainian and foreign manufacturers [1] stimulates industrial enterprises to create and introduce into economic circulation (commercialization) objects of intellectual property and innovative products [2]. Intellectual property and innovative products (technologies) created on its basis represent a source of significant competitive advantages in modern business.…”

Section: Introductionmentioning

confidence: 99%

Formation of intellectual property commercialization strategies

Pererva,

Ievsieiev,

Maslak

et al. 2024

EEJET

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The object of research is the process that forms strategies and methods for effective commercialization of intellectual products at industrial enterprises. The problems of introducing intellectual property objects into the economic circulation in the field of industrial production have been analyzed. The most important of them are economic and managerial problems, which consist in the lack of necessary funding and are determined by the difficulty of assessing the market competitiveness of an intellectual product. Special attention was paid to market, technical-technological, and legal problems, the presence of which inhibits the development of the technological market and significantly affects the efficiency of intellectual and innovative activities. The presence of these problems predetermined the main goal of the study – to devise methods and strategies for the commercialization of intellectual property objects. Three basic strategies for the commercialization of intellectual products have been studied: the strategy of promoting an intellectual product, the strategy of diffusion of innovations, and the strategy of accumulating maximum income. Based on them, an integrated strategy for the commercialization of intelligent products for enterprises of the machine-building industry, which is oriented towards achieving the goals of maximizing the economic and social effect of the production of an intelligent product, was formed and substantiated. The main component of an integrated strategy is an organizational mechanism that provides investment support for innovative activities and scientific and consulting support for an intellectual product. The research results could be used to form programs of intellectual and innovative activity of industrial enterprises and would serve as a basis for further scientific research on these issues

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University Intellectual Property Commercialization: A Critical Review of Literature

Cited by 4 publications

References 46 publications

Overview of Community-Based Crowdfunding in Malaysia: Legal Issues and the Way Forward

Overview of Community-Based Crowdfunding in Malaysia: Legal Issues and the Way Forward

Instrument Development to Review Factors for Research Commercialization Study in Universities

Formation of intellectual property commercialization strategies

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