Conclusions and Outlook

Jarunee Wonglimpiyarat
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Jarunee Wonglimpiyarat: Thammasat University

Chapter 10 in Technology Financing and Commercialization, 2015, pp 257-265 from Palgrave Macmillan

Abstract: Abstract Technology financing — the process of funding innovative businesses to turn technological inventions into commercial innovations — is important in building national innovative capacity. In launching a new venture or funding the growth of existing ventures, businesses require technology financing along the stages of the innovation life cycle to transfer technology from lab to marketplace. Technology financing can be seen as co-evolving with the high-tech industry as it enables the process of technology management and commercialization to reach its full potential. To drive economic growth, the management of technology commercialization needs effective interactions among academia, industry, and government, as well as innovation infrastructure, appropriate public policy frameworks, and a legal environment.

Keywords: Venture Capital; Innovation Life Cycle; National Innovation System; Technology Commercialization; Business Angel (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-47062-1_12

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DOI: 10.1057/9781137470621_12

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