Technology commercialization is the process of turning innovative ideas, inventions, or research findings into marketable products or services. This involves various steps, including assessing the market potential, securing funding, and developing a business strategy. The goal is to bring new technologies to consumers and businesses, enhancing their lives and driving economic growth. Successful technology commercialization often requires collaboration between different stakeholders, such as research institutions, entrepreneurs, and investors. By working together, these groups can navigate challenges like regulatory requirements and competition, ultimately leading to the successful launch of new technologies in the marketplace.