How long is the commercialization process for a university technology?
The commercialization process may take anywhere from 1 to 15 years. This range is determined by the field of the invention, for instance, life science technologies that undergo FDA regulation take longer to reach market, while software technologies may get there much sooner. In addition, the timeframe of commercialization also depends on which model of commercialization is pursued for the technology. Licenses signed with large companies may result in quicker commercialization of a product versus a venture funded startup.
