LAUSR.org creates dashboard-style pages of related content for over 1.5 million academic articles. Sign Up to like articles & get recommendations!

Development of a model for assessing technology commercialization success

Photo by thinkmagically from unsplash

The current study intends to identify the factors affecting the success of technology commercialisation and their relative importance in order to develop a model for assessing technology commercialisation. Based on… Click to show full abstract

The current study intends to identify the factors affecting the success of technology commercialisation and their relative importance in order to develop a model for assessing technology commercialisation. Based on literature review and fuzzy Delphi method, 32 components were identified and classified in four dimensions including technical specifications, financial specifications, market specifications, and rules and confirmations. Interpretive structural modelling (ISM) was utilised to determine the interaction of technology commercialisation success factors (TCSF), and analytic network process (ANP) was used to derive the relative importance of TCSF. In this study, fuzzy Delphi, ISM and ANP methods were conducted sequentially using opinions of 22 chosen experts working at knowledge based companies active in the commercialisation of technologies in Iran. The market specifications revealed as the most important dimension affecting the success of the technology commercialisation. Finally, a commercialisation assessment model was proposed based on the priority weights of success factors.

Keywords: model assessing; technology; success; technology commercialisation

Journal Title: International Journal of Business Innovation and Research
Year Published: 2019

Link to full text (if available)


Share on Social Media:                               Sign Up to like & get
recommendations!

Related content

More Information              News              Social Media              Video              Recommended



                Click one of the above tabs to view related content.