The features of the commercialization of innovations: theoretical aspect

Abstract

In the article the concept of commercialization of innovations was investigated. The classification of the participants of the commercialization of innovations was presented. The stages of the process of commercialization of inventions: assessment and selection of the most lucrative ideas for removing them on the market; accumulation of financial assets; securing the rights on created innovative products or services; organization of development innovation, its introduction into production were examined. Highlighted global trends in innovation activity that define the process of commercialization of innovations, among them: the growth of the activity level of research patent information character; increasing the degree of motivation of innovators and analysis of personnel innovation sphere; increasing emphasis on project-based approach to the management of innovation; the organization in the innovative companies a systematic process of internal audit; the formation of co-operation in the field of R&D; the development of institutions of supporting the innovation activity of the enterprises; increasing the speed of innovation processes and the expansion of the area of their implementation through the active use of information technology.