Providing a Model of Dimensions and Components of Commercialization of High-Technology Entrepreneurial Ideas with a Meta-Synthesis Approach

Commercialization of high-technology entrepreneurial ideas is one of the components of the innovation process. However, there is a major study gap in identifying the model of dimensions and components of commercialization of high-technology entrepreneurial ideas. The purpose of this research is to identify this study gap.

The study applied the meta-synthesis method of Sandelowski and Barroso by conducting a systematic review of 27 related articles to the purpose of the research among 340 articles. The final papers were selected based on the inclusion criteria. The validity of the research was confirmed according to the inclusion criteria, holding meetings by the research team, using an expert, and auditing the whole process for theoretical consensus. Reliability was also determined through Critical Appraisal Skills Programme.

Commercialization of high-technology entrepreneurial ideas contains three dimensions as the process of commercialization of high-technology entrepreneurial ideas (including components of the research and development phase of high-technology entrepreneurial ideas, the production phase of high-technology products, and the supply phase of innovative high-technology products in the market to create value), strategies for commercialization of high-technology entrepreneurial ideas (including components of localization, internationalization, knowledge transfer, technology transfer, and open innovation), and the business model to commercialize high-technology entrepreneurial ideas (including components of startup, partnerships, and franchising).

This model can be used to meet the challenge of entrepreneurs in transforming high-technology entrepreneurial ideas into innovative products and economic returns.