Surmounting Commercialization Barriers in Malaysian Research Universities: Paving the Way for Unprecedented Innovation Impact

Azlin Abd Jamil, Logaiswari Indiran, Salina Muhamad, Kamarulafizam Ismail, Samsilah Roslan and Sofia Adrianna Ridhwan Lim
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Azlin Abd Jamil: Universiti Teknologi Malaysia
Logaiswari Indiran: Universiti Teknologi Malaysia
Salina Muhamad: Universiti Teknologi Malaysia
Kamarulafizam Ismail: Universiti Teknologi Malaysia
Samsilah Roslan: Universiti Putra Malaysia
Sofia Adrianna Ridhwan Lim: Universiti Putra Malaysia

International Journal of Research and Innovation in Social Science, 2024, vol. 8, issue 11, 682-698

Abstract: The process of commercialising research findings remains a crucial element in fostering innovation and stimulating economic growth within academic environments. This study explores the obstacles encountered by Malaysian research universities in transforming their research findings into tangible products or services with commercial viability. Leveraging empirical data and case studies from multiple Malaysian research universities, expert inventors participated in two rounds of interviews using the Delphi method and Semi-Structured Interviews (SSI) survey. They were selected based on their expertise and involvement in product development, and assessed the market alignment of their innovations. The study meticulously analysed the gathered insights to develop a comprehensive framework aimed at enhancing technology commercialization in Malaysia. It specifically focused on addressing challenges related to Intellectual Property (IP) management and exploitation that impact both universities and industries. The final output of the study comprises a detailed outline of current commercialization barriers in Malaysian research universities, accompanied by actionable recommendations for dissemination to relevant stakeholders.

Date: 2024
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