Commercialization Methods of a New Product/service in ICT Industry: Case of a Science & Technology Park

Purpose: Commercialization is a step toward new products/services development. Due to high rate of product/service failure in ICT industry, the purpose of this paper is to study and evaluate commercialization methods implemented by companies that operate within ICT industry at the Science and Techno...

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Veröffentlicht in:Organizacija 2015-05, Vol.48 (2), p.131-138
Hauptverfasser: Aslani, Alireza, Eftekhari, Hossein, Hamidi, Mahdi, Nabavi, Bahareh
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container_end_page 138
container_issue 2
container_start_page 131
container_title Organizacija
container_volume 48
creator Aslani, Alireza
Eftekhari, Hossein
Hamidi, Mahdi
Nabavi, Bahareh
description Purpose: Commercialization is a step toward new products/services development. Due to high rate of product/service failure in ICT industry, the purpose of this paper is to study and evaluate commercialization methods implemented by companies that operate within ICT industry at the Science and Technology Park of University of Tehran. Design/Methodology/Approach: The methodology of this study is of field research type. After examining commercialization methods presented in the literature and confirming methods found by the discipline elite, structured interviews were conducted addressed managers and experts of ICT companies. Results: Three methods of “joint research contracts”, “exhibitions” and “spin-offs” are among the most common commercialization methods used by companies. Conclusion: Due to uncertainties that exist in ICT industry, companies should consider different strategies in order to develop successful products and services. Finally, specific policies are determined to implement each commercialization method in knowledge-based companies.
doi_str_mv 10.1515/orga-2015-0007
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source De Gruyter Open Access Journals; DOAJ Directory of Open Access Journals; EZB-FREE-00999 freely available EZB journals
subjects Colleges & universities
Commercialization
Customer services
Dictionaries
Entrepreneurs
Entrepreneurship
Failure
Human resources
ICT
Information technology
innovation
Innovations
Knowledge
Licenses
Market positioning
Methods
Product development
Science
science and technology park
Small business
Studies
Success
Technology transfer
title Commercialization Methods of a New Product/service in ICT Industry: Case of a Science & Technology Park
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