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English definition of “commercialization”

commercialization

noun [U] ( also UK commercialisation)
 
 
/kəˌmɜːʃəlaɪˈzeɪʃən/
COMMERCE the process of making a product or service available for sale to the public: The commercialization of faculty research could help the school make money.
disapproving the process of developing or organizing something in order to make as much money as possible: Christmas survives, largely thanks to its commercialization.
(Definition of commercialization from the Cambridge Business English Dictionary © Cambridge University Press)
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