1. Assessing commercialization capability of research products from inventor's view.
- Author
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Fithri, P., Hasan, A., Games, D., and Syafrizal, S.
- Subjects
COLLEGE teachers ,STRUCTURAL equation modeling ,RESEARCH departments ,MARKETING ,INTELLECTUAL property - Abstract
The world economy is heading towards the formation of global trade which causes industry players to take innovative actions to remain competitive. One of the innovative actions that can be taken is to invest in development and research. However, not all companies have internal research departments. The solution that can be done by companies to overcome this is to establish cooperation with universities. One of the universities that is active in conducting research and development is Andalas University. Based on data from the Community Service Research Institute (LPPM), in 2020, Andalas University has obtained 235 registered patents. However, only 50 products or around 21% reached the commercialization stage and entered the industry. Based on previous research, To overcome problems in the commercialization process of research products, it is necessary to set criteria to assess the commercialization ability of research products. The criteria are technology, marketing, finance, intellectual property, human resources, government and non-financial impacts. The population in this study were Andalas University lecturers totaling 1,382 people, the number of samples in this study was 107 people. The method used in this study is the Structural Equation Modeling (SEM) method using SmartPLS3 software. The results of the study indicate that the variables of technology, marketing, finance, human resources, and intellectual property have a positive but not significant effect on the ability to commercialize research products at Andalas University. Meanwhile, non-financial and government impact variables have a positive and significant impact on the ability to commercialize research products at Andalas University. If sorted by significance then; non-financial impact, government, intellectual property, technology, human resources, marketing, and finance. With t-statistic values in order, namely 4.253, 2.274, 1.549, 0.981, 0.434, 0.155, and 0.01. [ABSTRACT FROM AUTHOR]
- Published
- 2024
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