Revenue Budget and Strategic Outlook slide image

Revenue Budget and Strategic Outlook

Technology Transfer and Commercialization O Commercialization is the final stage of innovation i.e. innovation transforms inventions into commercially viable products. Not all invented products can be commercialized. For Successful Commercialization of Products: i) Successful commercialization strategies (analysis of investment cost, net gain from the real market, ii) Effectiveness of IP Enforcement Mechanism( i.e. logical relations between ‘cost of obtaining and maintaining the patent' and the ‘income generated from owning the patent') iii)Marketing strategies iii)Strategic planning • SMEs can use patents to attract investment
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