Word
commercialization
Phoneticscom·mer·cial·iza·tion
/kəˌmɝʃəɫɪˈzeɪʃən/
Definition
n. the process of making something, like an idea or a service, into a business that sells things for profit.
n. the process of converting a product, service, or idea into a commercial enterprise for profit. Often used to describe the shift from non-profit or public interest activities to market-driven ones.
Examples
“The commercialization of the new drug took several years.”
“The commercialization of space travel has led to a significant drop in the cost of launching satellites.”
“Critics argue that the commercialization of education has prioritized market demands over the intrinsic value of learning, leading to a narrow focus on vocational skills rather than critical thinking.”
Examples
simple
“The commercialization of the new drug took several years.”
contextual
“The commercialization of space travel has led to a significant drop in the cost of launching satellites.”
complex
“Critics argue that the commercialization of education has prioritized market demands over the intrinsic value of learning, leading to a narrow focus on vocational skills rather than critical thinking.”
Real-World Examples
“Conventional perovskite-based gas sensors can detect ammonia with high sensitivity, but most contain lead (Pb), which is harmful to human health and the environment and limits their potential for commercialization.” “DIOSynVax, short for Digitally Immune Optimised Synthetic Vaccines, was founded in 2017 as a University of Cambridge spinout with support from Cambridge Enterprise, the university's commercialization arm.” Etymology
From commercialize + -ation or commercial + -ization.
Etymology adapted from Wiktionary, available under CC BY-SA 4.0.
Scan code
englishreference.com/q/commercialization