NOAA reports continued drop in overfishing

In a report released May 2, NOAA Fisheries announced that 2023 saw a record low for the number of fish stocks subject to overfishing. The annual "Status of the Stocks" report is an assessment of the 506 stocks and stock complexes ...

Two new satellites join the Galileo constellation

The European Galileo navigation system has two more satellites in orbit following their launch in the early morning of Sunday, 28 April, at 01:34 BST/02:34 CEST. With 30 satellites now in orbit, Galileo is expanding its constellation, ...

Should the SEC ditch quarterly reporting?

In the minds of some, the manifold ills of corporate capitalism have a single source: short-termism. Because investors increasingly ignore long-term value in favor of quarterly returns, corporate managers are thought to have ...

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Commercialization

Commercialization is the process or cycle of introducing a new product or production method into the market. The actual launch of a new product is the final stage of new product development, and the one where the most money will have to be spent for advertising, sales promotion, and other marketing efforts. In the case of a new consumer packaged good, costs will be at least $10 million, but can reach up to $200 million.[citation needed]

Commercialization is often confused with sales, marketing or business development. The Commercialization process has three key aspects:

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