Issues of Commercialization Activities of Biotechnology-Related Researches in Malaysian Research Universities

Abstract

This study aims to explore issues of commercialization activities of research results among academic researchers who work in biotechnology-related researches in Malaysian Research Universities. Accordingly, the conceptual framework based on the ‘Innovation Implementation’ model has been assessed for its applicability in describing the phenomenon under study. Through interviews, elements as specified in the ‘Innovation Implementation’ model were found in this case study. Significant patterns and themes were also identified that suggest local industries, funding for research, development and commercialization as well as leadership, political interference, researcher’s attitude, transition management and legal perspectives are considered as the contextual factors that affect the commercialization activities of research results. Finally, the revised framework of commercialization-activities implementation based on the findings from qualitative analysis was recommended. Keywords: Commercialization activities, research results, biotechnology, academic researchers and qualitative analysis.

Factors Affecting Effective University Industry Collaboration During the Development Research Stage

“…It was important for practitioners to develop effective collaboration during development research stage to move the products into the commercialization stage and to develop quality and marketable products. This is supported by Yaacob et al (2011) in their research on lack of financial support for research, development, and commercialization that influenced commercialization activities among researchers.…”

Barrier Towards Commercialisation of Research Findings Among Science and Engineering Academicians at Malaysian Public Universities

“…Instead of culture, the time constraint is also one of the important barriers. This is supported by Yaacob et al (2011), andVanderford andMarcinkowski (2015). To be involved in commercialisation activities, academicians need to complete their main roles and responsibilities: teaching, research, supervising students, consultation, attending workshops or conferences; thus, it limited their time involved in commercialisation activity.…”

“…However, a respondent stated that the industry is not interested in investing and taking the risk. As supported by Yaacob et al (2011), the limited number of financial supports leads to difficulty for the researcher to purchase the equipment; thus, it demotivates the researchers to move into commercialisation. This study will significantly benefit the body of knowledge and give some inputs to the stakeholders.…”