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0:00
Welcome to key concepts of
technology commercialization.
My name is Professor
Milé Terziovski.
I'm a former engineer with a
multinational organization
and a PhD from the
Melbourne Business School,
University of Melbourne,
in quality management
and innovation.
0:21
For the past seven years,
I've been working at Swinburne
University of Technology
as a tenured professor of
entrepreneurship and innovation,
where I held the role
as department chair
of business technology
and entrepreneurship
for six years.
This series of ten short talks
provides an introduction
to the principal themes of
technology commercializations
and pointing towards
further study.
0:51
Little bit of background on
commercialization of technology.
It's important to
the global economy
and is becoming more challenging
as the rate of change of emerging
technologies accelerates
at the speed of the internet.
It can be achieved with
greater probability of success
than ever before,
because these emerging
technologies,
such as artificial intelligence,
have enabled innovators to seek
ideas from multiple sources
for creating
commercial pathways.
1:22
Today, we'll be talking on
the technology
commercialization introduction,
and the following are the
topics that I'll be covering.
I'll be defining technology
and technology
commercialization,
explaining the technology
commercialization strategic process
for firm growth.
I will highlight the benefits
of successful commercialization,
main challenges of the
commercialization process,
and the need to develop
innovation capability,
and we'll provide an example
of Intel's successful
technology commercialization.
