Abstract—Presently, Agencies with R&D mandate in the Federal Ministry of Science and Technology in Nigeria have successfully produced over 100 commercializable R&D outcomes in the areas of Agriculture, Industry, Engineering and Health. Translating these outcomes into successful products would mean economic empowerment for the nation and its citizenry, but then, how to achieve this feat has rather been difficult. This paper suggests an idealized situation solution model capable of addressing these challenges through a well knitted collaboration with and networking support from other Ministries, Departments and Agencies of government, and firms.
Index Terms—Strategic, commercialization, R&D, Science and technology.
The authors are with the National Centre for Technology Management,Obafemi Awolowo University Ile-Ife, Osun State, Nigeria.(firstname.lastname@example.org; email@example.com;firstname.lastname@example.org; email@example.com).
Cite: Siyanbola Willie Owolabi, Olamade Olumuyiwa Owolabi, Yusuff Shola Adeleke, and Kazeem Abubakar, "Strategic Approach to R and D Commercialization in Nigeria," International Journal of Innovation, Management and Technology vol. 3, no. 4, pp. 382 -386 , 2012.