Commercialization of Research & Development Product: A Case of Malaysian Public Research University

Abstract:

The Malaysian government has always encouraged researchers of institutions of higher learning to commercialize their research and development product. Huge funding and scheme has been allocated to promote and encourage university researchers to conduct a research and produce innovative product that are able to be commercialize. However, the report from Malaysian Ministry of Higher Education (MOHE, 2010) highlighted the performance of commercialization of university research and development products under satisfaction.  Hence, this has indicated that there is a necessity to address the circumstances and drive the universities to a better performance. This paper explores and identifies factors that might have a relationship with the ability of researchers to commercialize their research and development product. The data was collected through survey questionnaire because it allowed the identification of important and emerging issues that required further explanation. The useable response rate was 200 and the data analyzed to explore the relationship between variables.