Volume 5, Issue 2, June 2020, Page: 82-89
Solutions to Promote Commercialization of Research Results in Vietnamese Universities
Nguyen Huu Xuyen, National Institute of Patent and Technology Exploitation, MOST, Vietnam
Tran Lan Huong, Faculty of Management Science, National Economics University, Hanoi, Vietnam
Nguyen Thi Lan Huong, Faculty of mechanical and Electrical Engineering, Hanoi Industrial Textile Garment University, Hanoi, Vietnam
Received: Mar. 16, 2020;       Accepted: Apr. 16, 2020;       Published: Apr. 29, 2020
DOI: 10.11648/j.jbed.20200502.14      View  53      Downloads  19
Commercialization of research results plays an important role in the socio-economic development of a country based on science, technology and innovation. In Vietnam, promoting the commercialization of research results is concerned by the Party and the State, institutionalized under the Resolution, Law, Decree and guiding Circulars. However, in recent years, universities have recorded the limited number of research results commercialization and the low transaction value, which have not achieved the objectives as expected. The process of commercializing research results in universities encounters difficulties, including the limited quality of research results, the weak linkage between universities and enterprises, and the limited access to capital resources to develop inventions. This paper not only focuses on analyzing the situation of commercialization of research results in universities and colleges, we also propose solutions to promote commercialization of inventions, tecnical solutions formed from the universities, suitable to the conditions of Vietnam. In order to succesfully commercialize research results in universities, it is necessary to consider various conditions: (i) Commercialization of research results in universities must derive from the needs of society; (ii) Commercialization of research results must be an urgent, self-motivated need of universities and individual scientists, the State only sponsors, supports, incentives, encourages and promotes commercialization activities through creating favorable legal corridors.
University Research Results, Research Results Commercialization, Solutions to Promote Commercialization
To cite this article
Nguyen Huu Xuyen, Tran Lan Huong, Nguyen Thi Lan Huong, Solutions to Promote Commercialization of Research Results in Vietnamese Universities, Journal of Business and Economic Development. Vol. 5, No. 2, 2020, pp. 82-89. doi: 10.11648/j.jbed.20200502.14
Copyright © 2020 Authors retain the copyright of this article.
This article is an open access article distributed under the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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