Problem |
Effect |
Management of Innovation |
Improper management leads to the problem in technology process transfer |
Financial support |
Unable to move to the next stages which require more money to maximize the chances for success |
Intellectual Property (IP) |
Improper managing the intellectual property rights (IPRs) and protection of research product commercialization related process will slow down the diffusion of technology from universities to industry |
Engagement and networking |
Lack of engagement with other research institution, government and industries will lead to less emphasis for commercialization |
Experts/skills in commercialization |
Less experts or skills in commercialization will drag to the difficulty to evaluate the competitive strength of that research products. Besides, it is difficult to identify potential collaborators or buyers as they are familiar with the eco-system. |
Research done and academic understanding |
Limited number of study on research commercialization |