commercialization
co
mmer
ˌmɜr
mēr
cia
ʃə
shē
li
li
za
ˈzeɪ
zei
tion
ʃən
shēn
British pronunciation
/kəmˌɜːʃəlaɪzˈeɪʃən/

Definition & Meaning of "commercialization"in English

Commercialization
01

the process of introducing a new product or service into the market for sale

example
Examples
The commercialization of electric vehicles has increased significantly in recent years.
The company focused on the commercialization of its latest software application.
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