The Commercialisation of University Research Outputs: A Review of Literature
Universities are presently experiencing rapid transformation,
shifting emphasis from pure teaching to equal their strength in teaching and research
to increase their capacity to commercialise. The universities are not only accountable
for teaching and research accomplishments but they are expected to commercialise
their research outputs into marketable products and services. This paper identifies
and ranks the factors that are influencing the commercialisation of university research
outputs. A Systematic Review of Literature (SLR) was made on 59 articles that were published between 2000 and 2022. The findings indicate that the significant factors influencing the commercialisation of research
outputs included; collaboration/networking,
research funding, regulative factors both by government and university, entrepreneurial
culture, availability of research infrastructure, the competence of researchers,
motivation and attitude of researchers, transformational leadership culture, technology
suitability for commercialisation, protection of Intellectual Property Rights, the
effectiveness of Technology Transfer Office (TTO) and closeness to industry.
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