Abstract
The research products produced by tertiary institutions are intellectual property that benefits the community and provide an economic contribution. Even Universities are encouraged to increase their research products’ economic value because innovation considers successful when commercialized. Higher Education is direct to produce innovative products with high added value so that these products can be beneficial to the community and commercialized. However, not all innovation results are successful or can be commercialized, although, in principles, the commercialization of research products is no different from standard products’ commercialization. This paper outlines various efforts undertaken by universities/polytechnics in Indonesia to increase research output commercialization. The purpose of interviews is to determine how universities respond to the challenges of expanding the commercialization of their research output. The participants were the heads of research institutes and community service from twenty-one (21) tertiary institutions in Indonesia, consisting of nine (9) universities and twelve (12) polytechnics. The finding shows that only a few university and polytechnic have commercialized their research products; however, most higher education keeps doing their best to increase their capability to commercialize their research products. This study’s two implications are: 1) researchers need to involve “user” needs before developing a research proposal. 2) Management at the university needs to facilitate the commercialization of the academicians’ research products.
Highlights
The research products produced by tertiary institutions are intellectual property that benefits the community and expects to contribute economically
This paper describes part of the research results that aim to find a feasible / potentially commercialized assessment model of research output based on a comprehensive study of the commercialization process elements, indicators of each measurable component, and integrated with the Technology Readiness Level (TKT)
The commercialization of research output products can generally be defined as the process of introducing new products or new production methods resulting from research activities to the market or potential users
Summary
The research products produced by tertiary institutions are intellectual property that benefits the community and expects to contribute economically. Higher Education has integrated the utilization of research products to help the community in Indonesia in three missions, namely integration between education, research, and community service. 2580-5622 encourages researchers to disseminate their research products/services to increase community capacity. Universities are encouraged to improve the economic value of their research products. The term down streaming of research products to be commercialized is an issue in the Higher Education environment. Higher education must have strategies to overcome obstacles in commercializing their research products. Referring to data from the Ministry of Research, Technology, and Higher Education, the number of Higher Education in Indonesia reached 4646 institutions, both public and private.
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