Research and development commercialization as a result of the innovative activities and additional financing resource in the higher educational institution

Research and development commercialization is a complicated and labour-consuming process closely connected with implementation of the research results aiming to introduce new or improved products, services or processes at the market and gain a business effect. The length of chain between the research development introduction at the certain enterprise and the macroeconomic effects determines interest of all the strategic partnership participants in the initiated arrangements’ success.