Commercialization is the process of turning an idea, product, or service into a marketable item that can be sold to consumers. This involves various steps, such as developing a business plan, creating a prototype, and finding ways to promote and distribute the product. The goal is to make a profit while meeting the needs of customers. In many cases, commercialization can lead to innovation and growth in industries. For example, when a new technology, like smartphones, is commercialized, it can create jobs and improve people's lives. Successful commercialization not only benefits businesses but also contributes to the overall economy by driving competition and enhancing consumer choices.