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The needs of a natural or legal entity lie at the heart of any business activity, and development and marketing of goods and services (commercialization) is implemented to meet concrete needs better than market competitors. Thorough understanding of consumer needs and purposeful product development accounting for these needs can ensure successful commercialization of a product and/or service and generate revenue for the suppliers of that product. The task of the commercialization request is to establish communication lines with a potential client and to market the commercialized product/service.
RTU intellectual property protection and supervising is provided by the Innovation and Technology Transfer Centre.
Technology readiness level (TRL) is a knowledge-based standard for evaluating the maturity of a technology or invention.