What technological and market factors affect the commercialization process? Why does the development and commercialization process differ for the different types of innovation
The terms innovation, and commercialization are commonly used in a number of overlapping ways to refer to the process of developing new technology andincorporating it into new products, processes, and services. Innovation encompasses both the development and application of a new product, process, or service.It assumes novelty in the device, the application, or both. Thus, …