INTRODUCTION 1 LITERATURE REVIEW 5 METHODOLOGY 29

v TABLE OF CONTENT Abstrak i Abstract ii Dedication iii Acknowledgement iv Table of Content v List of Tables vi List of Figures ix Nomenclature x

CHAPTER 1: INTRODUCTION 1

1.1 Background 1 1.2 Problems Statement 3 1.3 Objectives 3 1.4 Scope of study 4

CHAPTER 2: LITERATURE REVIEW 5

2.1 Introduction to Knowledge Transfer KT 5 2.2 Necessity for Effective Commercialization 7 2.3 Research and Development to Commercialization 8 2.4 Creating the Ideation Process in Research and Development 10 2.5 Innovation of Research and Development Process Towards Commercialization Phase 11 2.6 Research, Innovation and Commercialization 12 2.7 Role of Academia in Innovation and Commercialization 12 2.8 Strategy in handling Commercialization 13 2.8.1 Licensing for Commercializing 14 2.8.2 Alliances Branch 15 2.8.2.1 Government Involvement 16 2.8.2.3 Industries-Universities ties 17 2.9 University’s Commercialization Funding 18 vi 2.10 Equity Investment in Spin-off 20 2.10.1 Early stage Spin-off 20 2.10.2 Enterprising Company 20 2.11 Factor influence the formation of Spin-off 21 2.11.1 Government policies 21 2.11.2 Strong Motivation in Institutional 21 2.11.3 Networking 22 2.11.4 Geographic Location 22 2.12 Protection of University Intellectual property and patents 22 2.12.1 Copyrights 23 2.12.2 Trademark 23 2.12.3 Patents 23 2.13 Universities Internal Structure Arrangement 25 2.13.1 Assemble a Diverse Team 26 2.13.2 Individual engagement in university-industries 26 2.13.3 Institutional Role 27 2.14 Establishing Technology Park 27 2.15 Summary from Literature Review Input 28

CHAPTER 3: METHODOLOGY 29

3.1 Overview 29 3.2 Introduction 30 3.3 Introduction to Methodology 30 3.4 Planning of Study 30 3.5 Research process Flow chart 31 3.6 Research Tool 31 3.6.1 Clustering Data in Matrix form 31 3.6.2 3 Phase Planning 33 3.6.3 Research questionnaire 33 3.6.4 T-Test Method 34 vi i

CHAPTER 4: RESULTS AND DISCUSSION 35