Keywords:commercialization of results of innovation activity, innovation, research
Citation: Sergey N. Efimushkin (2013). University Research on the Way to the Consumer. Russian Journal of Innovation Economics, 3(1), 42-49. doi: 10.18334/inec.3.1.424
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Abstract:
The economic value of innovation lies in its ability to generate additional revenue. In this regard, a prerequisite for the implementation of the innovation process is the commercialization of its results, that is, innovation in economic activity obtaining economic effects.