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The models of commercialization of scientific developments

Abstract

The article discusses the challenges and opportunities of commercialization of scientific developments in our republic. The authors studied the domestic market of scientific research and identified the main factors affecting the result of commercialization. The study touched upon a very relevant topic, since the successful commercialization of innovations contributes to the development of innovation and the economy as a whole. A product that has undergone successful commercialization will provide a production or company with a competitive advantage and will benefit not only the seller, but also the buyer, thereby contributing to the improvement of the life of the population, creating favorable conditions for life. The article identifies factors that influence the effective commercialization of innovations, analyzes the existing commercialization models, and provides recommendations for successful commercialization using the tools of project management. During the study, the authors identified key barriers to the commercialization of scientific research and covered various commercialization models. According to the study, government support plays an important role in the commercialization of scientific research. During the study, the authors identified shortcomings in the legal support of the process of commercialization of innovations, which, in turn, hinders the development of commercialization of scientific research. The authors proposed to adapt them in accordance with the conditions of the local market. The results of the study allowed the authors to suggest a series of measures to improve the mechanism for the commercialization of scientific research in the country.

About the Authors

A. S. Usmanov
Al-Farabi Kazakh National University
Kazakhstan


K. E. Mendigaliyev
Al-Farabi Kazakh National University
Kazakhstan


References

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Review

For citations:


Usmanov A.S., Mendigaliyev K.E. The models of commercialization of scientific developments. Bulletin of "Turan" University. 2019;(1):172-176. (In Russ.)

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ISSN 1562-2959 (Print)
ISSN 2959-1236 (Online)