Factors towards successful commercialisation of research findings: the perspectives of public universities academicians in Malaysia

Mohamad Faizal Ramli, Muhammad Majid, Fatin Farazh Ya'acob and Basri Badyalina

International Journal of Business Innovation and Research, 2025, vol. 36, issue 2, 149-169

Abstract: Recently, there have been increased initiatives to encourage the involvement of academicians in commercialising activities. However, producing a marketable product that can move into the commercialisation stage is difficult due to limitations in financial support, experiences, commitment, facilities, and skills. This issue has led this study identified factors towards the successful commercialisation of research findings among academicians. Four hundred fifty science and engineering academicians from Malaysian public universities were selected as the respondents. The results indicated facilities and support as the most crucial factors influencing the researchers to commercialise their research findings, followed by quality research outputs, incentives, financial support, and adequate human resources and skills. The findings can be acknowledged by stakeholders on the best practices that must be introduced or implemented to enhance the commercialisation success rate among Malaysian academicians.

Keywords: commercialisation; success factors; academician; research and development; Malaysia. (search for similar items in EconPapers)
Date: 2025
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