Perovskite: New LED technology surpasses the lifetime milestone

Perovskite LEDs are an emerging technology for next-generation display, lighting and communications. While perovskite LEDs can be produced simply and at low cost, they show clear technological advantages. They are lightweight ...

New bioremediation material can clean 'forever chemicals'

A novel bioremediation technology for cleaning up per- and polyfluoroalkyl substances, or PFAS, chemical pollutants that threaten human health and ecosystem sustainability, has been developed by Texas A&M AgriLife researchers. ...

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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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