commercialization
1 of 1noun/kəmɜrʃəlaɪˈzeɪʃən/
Forms:commercializations
1
the process of introducing a new product or service into the market for sale
- The commercialization of electric vehicles has increased significantly in recent years.
- The company focused on the commercialization of its latest software application.
- Researchers are exploring the commercialization of new medical technologies to improve patient care.
- The commercialization of space tourism is becoming a reality with private companies launching missions.
- The government is supporting startups in the commercialization of innovative agricultural products.
Synonyms: