Innovation Commercialization Process Flowchart | Step-by-Step Guide #2307990 (License: Personal Use)

This infographic outlines a six-phase innovation lifecycle used in technology transfer and IP management: (1) Communication of Invention/Technology, (2) Evaluation Process, (3) Invention Protection, (4) Market Analysis, (5) Commercialization & Negotiation, and (6) Supplier Collection and Monitoring. Each stage is represented by a color-coded oval connected by directional arrows labeled “SIM,” indicating conditional progression based on affirmative decisions. The design emphasizes decision points and sequential dependencies critical for successful tech commercialization.

Used on university tech transfer office websites, innovation incubator resources, or corporate R&D strategy pages to explain the formal process of moving inventions from lab to market; targets researchers, entrepreneurs, and IP managers seeking clarity on commercialization workflows.