commercialization

Language: en

🇺🇸 /kəˌmɜrʃəlɪˈzeɪʃən/

📖 Definitions

  1. noun
    The process of introducing a new product or production method into commerce; making something available on the market.; The act of managing or running something principally for financial gain, often implying a degradation of quality or values in pursuit of profit.; The process of transforming research findings, inventions, or intellectual property into marketable products or services.; The large-scale production and distribution of goods or services that were previously artisanal or limited in scope.

🔗 Details

Word forms

uncountable

Collocations

commercialization of technologycommercialization of researchrapid commercializationsuccessful commercializationpath to commercializationstage of commercialization

Derivatives

commercializecommercialcommerciallycommercialismcommercializeddecommercializationrecommercialization

Synonyms

monetizationcommodificationexploitationmarketingmerchandising

Commonly confused

commercialism
EN: 'Commercialism' refers to an emphasis on profit and commerce as a value system or attitude, while 'commercialization' refers to the process of bringing a product or idea to market.
commodification
EN: 'Commodification' emphasizes turning something into a commodity (often with a critical tone), while 'commercialization' is more neutral and focuses on making something commercially viable.

Spelling tips

EN: Note the 'z' spelling in American English; British English uses 'commercialisation' with an 's'. Also ensure the double 'm' in 'commercial' is retained throughout the word family.

💬 Examples

  1. The commercialization of the new vaccine took several years after the initial research was completed.

  2. Many critics lament the commercialization of Christmas, arguing that the holiday has lost its spiritual meaning.

  3. The university established a technology transfer office to facilitate the commercialization of faculty research.

  4. The commercialization of organic farming has led to debates about whether large-scale operations can truly be considered organic.