Technology Exploitation Mechanisms in Biotechnology

Biotechnology industry has a special place among novel industries and its progress and development speed just in less than three years, is seems surprising. Biotechnology is one of those crucial and important technologies that its success and impact are caused by its capabilities and extended applications. Most biotech companies are small start ups and although they have been working for several years in this area, they have not been able to achieve significant profitability yet. The evidence proves that there are some problems in process of translating research findings into commercial outcomes. The term commercialization strategy is refers to research and technology exploitation methods in front of researchers and scientists to move their science streams from concept to the market environment. This article intended to identify and introduce the most appropriate strategy of research commercialization in the Iranian biotechnology companies through the mixed methods study.