Author Information
Author: Willie Owolabi Siyanbola, Olumuyiwa Owolabi Olamade, Yusuff Shola Adeleke, Abubakar Kazeem
Institution: National Centre for Technology Management (NACETEM), Federal Ministry of Science and Technology, Obafemi Awolowo University, Ile-Ife, Nigeria
Journal: International Journal of Innovation, Management and Technology
Volume: Vol. 3, No. 4
Date: August 2012
Paper Details
Title: Strategic Approach to R and D Commercialization in Nigeria
Authors: Willie Owolabi Siyanbola, Olumuyiwa Owolabi Olamade, Yusuff Shola Adeleke, Abubakar Kazeem
Journal: International Journal of Innovation, Management and Technology
Volume: Vol. 3, No. 4
Date: August 2012
Subject Area: Research and Development, Innovation Policy, Technology Transfer, Commercialization
Overview
This paper examines the commercialization of Research and Development (R&D) outputs in Nigeria and proposes a strategic model for translating research outcomes into marketable products. The authors note that agencies under Nigeria’s Federal Ministry of Science and Technology have produced over 100 commercializable R&D outcomes, but converting these outcomes into successful products remains a major challenge.
The paper proposes a collaborative framework involving government agencies, financial institutions, industries, and research institutions to improve commercialization and promote economic development.
Main Areas Discussed
- R&D commercialization in Nigeria
- Role of Federal Ministry of Science and Technology agencies
- Funding challenges in Nigerian R&D institutions
- Intellectual property and technology transfer in Nigeria
- National innovation systems and policy framework
- Commercialization models and strategies
- Collaboration between government, industry and research institutions
Key Themes
- R&D commercialization and economic development
- Innovation and technology transfer
- Intellectual property and commercialization
- Government policy and innovation systems
- Industry-research collaboration
- Economic empowerment through innovation
Suggested Citation
Siyanbola, Willie Owolabi; Olamade, Olumuyiwa Owolabi; Adeleke, Yusuff Shola; Kazeem, Abubakar
Strategic Approach to R and D Commercialization in Nigeria
International Journal of Innovation, Management and Technology, Vol. 3, No. 4, August 2012
