Abstract
The main purpose of the article is to identify the state of knowledge between two multidimensional phenomena: commercialization of innovation and internationalization. In terms of research methods, a systematic literature review, based on the 91 publications located in reputable scientific databases (Scopus and Web of Science) between the years 2000–2017 and Rapid Automatic Keyword Extraction (RAKE), was applied. The main findings provide information on the concept of commercialization of innovations via internationalization, and specifically on different research perspectives and areas of analysis with division of the bibliometric data. The selection of the articles for further analysis is perceived as the main limitation of this study, as some papers may not have been included due to missing keywords or due to having been absent from the two selected databases. The article analyses theoretical research and empirical papers and enables identification of problems in the current research as well as identifying trends in the area of the studied phenomenon. The results on the topic of commercialization of innovation through internationalization have indicated that this issue is still in a premature phase but with an upward trend of research development.
Highlights
Innovations are an inseparable factor of social and economic development that has accompanied humanity since the beginning of civilization (Godin 2008, Cassiman et al 2010, Szopik-Depczyńska 2015)
A lot of evidence confirming the interdependence between innovation and internationalization has been consistently established in the literature on innovations
The second one is the relationship between innovation and internationalization, based on the reverse premise, in which the impact of internationalization on the innovativeness of the companies is assumed
Summary
Innovations are an inseparable factor of social and economic development that has accompanied humanity since the beginning of civilization (Godin 2008, Cassiman et al 2010, Szopik-Depczyńska 2015). Particular attention is paid to the commercialization of innovations as they are a fundamental condition for the development of both micro and macroeconomic aspects in the context of their impact on the creation of competitive advantages and economic development. As Drucker et al (1986) have observed, innovation is beyond science or technology; it is something that is able to create value through the process of commercialization (Ahmed 1998). The topic of commercialization of innovations has obviously gained increased attention in the recent period, this studied phenomenon is still fragmented and divided by different fields of study and disciplines. Based on the articles indexed in Scopus and Web of Science databases, the essence of commercialization of innovation in the context of
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
