Commercialization of innovation: a method of selection of an innovation project from a variety of projects to it successful implementation in the market

Commercialization takes a main position in relation to innovations. Co-relation between commercialization and innovation has to be studied in more specific cases in order to become a subject for research interests and to have a practical application. For successful realization of an innovative project in the market it is very important to understand how this project will be accepted by the market. This article is focused on the method of selection of an innovation project from a variety of projects which gives an expert judgment of different factors influencing on a choice of such a project. This article describes each stage of realization of given method.

innovations, commercialization of innovations, innovative activity, entropy, spreading of innovations