Commercialization of Scientific Research Activity Results at Vietnam’s Universities: Current Challenges and Solutions

Commercialization of Scientific Research Activity Results at Vietnam’s Universities: Current Challenges and Solutions

Commercialization of research results plays an important role in the socio-economic development of a country based on science, technology and innovation. However, in recent years, the commercialization of research results by universities in Vietnam remains ineffective because scientists often carry out research on issues they find interesting, and don’t listen to enterprises to find out what the latter need. In the other hand, the process of commercializing research results in universities encounters difficulties, including the issue of establishing intellectual property rights the limited quality of research results, and the limited access to capital resources to develop inventions. This paper focuses on analyzing the current challenges of commercialization of research results in universities and propose solutions to promote commercialization of research results from the universities, suitable to the conditions of Vietnam.

Commercialization of research results plays an important role in the socio-economic development of a country based on science, technology and innovation. However, in recent years, the commercialization of research results by universities in Vietnam remains ineffective because scientists often carry out research on issues they find interesting, and don’t listen to enterprises to find out what the latter need. In the other hand, the process of commercializing research results in universities encounters difficulties, including the issue of establishing intellectual property rights the limited quality of research results, and the limited access to capital resources to develop inventions. This paper focuses on analyzing the current challenges of commercialization of research results in universities and propose solutions to promote commercialization of research results from the universities, suitable to the conditions of Vietnam.