Commercialization
Pronunciation: /kəˌmɜːrʃəlɪˈzeɪʃən/
Commercialization (noun)
- The process of making an idea, product, or service available for sale and profit.
- Changing something so it is mainly judged by money-making, not by other values like art or public benefit.
- In science or technology, the steps that move an invention from lab work to products sold to customers.
Examples
- The idea succeeded after commercialization turned it into business.
- Commercialization can turn a project into business quickly.