Commercialization (noun)

The process of introducing a new product or service to the market for sale.

Origin:

The word 'commercialization' is derived from the latin word 'commercialis' meaning 'having to do with trade or commerce.

Examples:

1. The commercialization of the internet has changed the way people communicate and do business.
2. The commercialization of space travel is now becoming a reality.
3. Commercialization is the key to the success of any new product or technology.
4. The commercialization of genetic engineering has raised many ethical and moral questions.
5. The commercialization of renewable energy is an important step in reducing our dependence on fossil fuels.