Cross-country analysis of the effectiveness of commercialization of scientific research results

2024

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DOI 10.33422/icbmf.v1i1.421
Data confidence 70 medium
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Abstract

The objective of this research is to undertake a comparative analysis of methodologies for evaluating the efficacy of research commercialization across diverse nations, focusing particularly on the United States, Australia, Canada, South Korea, the European Union, and Kazakhstan. The study methodology involved a comparative analysis, commencing with an exhaustive examination of academic and practical resources to pinpoint key organizations involved in research commercialization within the specified countries. Subsequently, after the selection of countries and a systematic scrutiny of these organizations' activities, the methodology endorsed by the Alliance of Technology Transfer Professionals (ATTP) was employed to compare and assess commercialization efficiency across varied nations. Results of the study: the study outcomes unveiled common trends and effective assessment approaches, while also identifying deficiencies in Kazakhstan's commercialization evaluation system and offering recommendations for enhancement. The assessment of commercialization metrics in Kazakhstan is hindered by the paucity of comprehensive data, rendering comparisons with global benchmarks, including the ATTP methodology, challenging. However, concerted collaboration among governmental bodies, research institutions, and industrial stakeholders could surmount these hurdles and foster innovative entrepreneurship within the nation. The adoption of alternative research methodologies such as environmental functioning analysis models or regression analysis may enable a more profound evaluation of commercialization efficiency in Kazakhstan, notwithstanding data constraints.