Strategic Management of Large-Scale Innovation Funds: a Framework for Accelerating Technology Commercialization Across Emerging Industries
DOI:
https://doi.org/10.70393/6a6574626d.343137ARK:
https://n2t.net/ark:/40704/JETBM.v3n2a03Disciplines:
EconomicsSubjects:
Economic SociologyReferences:
10Keywords:
Large-scale Innovation Fund, Strategic Management, Commercialization of Technology, Emerging Industries, Capital AllocationAbstract
To improve the support efficiency of large-scale innovation fund to commercialize emerging industry technology, the strategic management method is used to study the fund establishment objectives, the industrial investment orientation, an investment decision making framework, capital allocation management and a commercialization promotion path of the fund. The results indicate that large-scale innovation funds should use technology transformation as the basic guide to improve the precision of capital allocation by identifying tracks, evaluating values, giving in stages, adjusting portfolios, limiting risks and introducing scenarios, and help the cutting-edge technologies to mature from R&D verification to market application and industrial expansion.
References
[1] Miric, M., Jia, N., & Huang, K. G. (2023). Using supervised machine learning for large‐scale classification in management research: The case for identifying artificial intelligence patents. Strategic Management Journal, 44(2), 491-519.
[2] Jiang, L., & Bai, Y. (2022). Strategic or substantive innovation?-The impact of institutional investors' site visits on green innovation evidence from China. Technology in Society, 68, 101904.
[3] Zhang, T. (2023). Can green finance policies affect corporate financing? Evidence from China's green finance innovation and reform pilot zones. Journal of Cleaner Production, 419, 138289.
[4] Bianchi, G. (2025). Strategies for Accelerating Biotechnology Commercialization in Emerging Markets. Journal of Commercial Biotechnology, 30(3), 23-33.
[5] Pujotomo, D., Syed Hassan, S. A. H., Ma'aram, A., & Sutopo, W. (2023). University–industry collaboration in the technology development and technology commercialization stage: a systematic literature review. Journal of Applied Research in Higher Education, 15(5), 1276-1306.
[6] Pujotomo, D., Ma'aram, A., Isyraf, M. I., Hassan, S. A. H. S., & Sutopo, W. (2025). The scenario of accelerating technology commercialization at research university, a system dynamics approach. Journal of Open Innovation: Technology, Market, and Complexity, 11(1), 100497.
[7] Adomako, S., & Nguyen, N. P. (2023). Digitalization, inter-organizational collaboration, and technology transfer. Journal of Technology Transfer.
[8] Makepa, D. C., & Chihobo, C. H. (2024). Barriers to commercial deployment of biorefineries: A multi-faceted review of obstacles across the innovation chain. Heliyon, 10(12).
[9] Mahmood, H., & Miah, M. R. (2022). Data-Driven Innovation Ecosystems: Accelerating Economic Growth Through Strategic Technology Adoption. American Journal of Data Science and Analytics, 3(12), 01-41.
[10] Pandey, N., De Coninck, H., & Sagar, A. D. (2022). Beyond technology transfer: Innovation cooperation to advance sustainable development in developing countries. Wiley Interdisciplinary Reviews: Energy and Environment, 11(2), e422.
Downloads
Published
How to Cite
Issue
Section
ARK
License
Copyright (c) 2026 The author retains copyright and grants the journal the right of first publication.
This work is licensed under a Creative Commons Attribution 4.0 International License.
