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Privatisation generally refers to the process where businesses or assets which were formerly owned by the people (i.e. the government) are sold to private individuals or corporations to be run as (possibly) profit-making enterprises. A typical example of this would be breaking up a country's telephone monopoly into parts, and selling the parts to interested businesses.
Commercialization generally refers to taking the product of research (whether private or public is immaterial) and building a business out of that idea. Usually, the term "commercialization" is used when taking a research idea and building a business around that idea. Taking a research result and making a product to sell is usually referred to as "productization". For instance, if research in psychology showed that hypnosis with a watch could produce weight loss, then creating a chain of walk-in hypno-theropy stores would be Commercialization, while selling a box with a pamphlet and watch in it would be Productization. The difference is a bit subtle, and may overlap.
Wiki User
∙ 13y ago
Wiki User
∙ 15y agodifferences between privatization and commercialization?
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What is the difference between commercialization and privatization?
Commercialization is the process of making a business or product more public. Privatization is the opposite process in terms of conducting the business.
What's the difference between privatization and divestiture?
Divestiture is the process of a legal person selling some assets. Privatization is the process of a government or state selling its ownership of assets it owns (usually utilities) by placing them on the Stock Market for private legal persons to buy. Thus privatization is a form of divestiture.
Difference between privatization and disinvestment?
Privatization refers to the ownership of property by one person or group. They own it privately and free from intervention. Disinvestment is the shrinkage of capital investment when a firm fails to maintain or replace its assets that have been used up by sale of capital goods to the firm.
What is the differences between competition and succession?
No
What are differences between public enterprise and private enterprise?
check your answer
What is the difference between commercialization and privatization?
Commercialization is the process of making a business or product more public. Privatization is the opposite process in terms of conducting the business.
Why did privatization start in India?
Privatization means shifting of public ownership to private or personal. Before privatization came into being in India...Everything was under government control. Every sector, every field was under public ownership. As time passed by the country started to grow..started to develop even more...and that was a load that was sort of getting heavier on the shoulders of our the then government. It was getting difficult for the Indian Government to handle and maintain the smooth functioning. Hence inorder to curb that the government allowed privatization to be started in India
What is the difference between privatization and nationalization?
Privatization is the act of selling Government owned business to the private sector. Whereas, Nationalization occurs when the government buys certain business or firms from private owners.
What is the difference between privatization and divestiture?
Divestiture is the process of a legal person selling some assets. Privatization is the process of a government or state selling its ownership of assets it owns (usually utilities) by placing them on the stock market for private legal persons to buy. Thus privatization is a form of divestiture.
What's the difference between privatization and divestiture?
Divestiture is the process of a legal person selling some assets. Privatization is the process of a government or state selling its ownership of assets it owns (usually utilities) by placing them on the Stock Market for private legal persons to buy. Thus privatization is a form of divestiture.
What is the difference between capitalization and privatization?
Privatization has to do with who ownes something, Government or Private sector. Capitalization has to do which where the money is coming form to buy it. This is just my own view. Someone else may have a better answer.
Which of the following are responsible for the differences between species and for differences between individuals in the same population?
Genetic differences
WHAT ARE THE DifferenceS between divestment and privatization in India?
Privatization is the process of transferring the ownership of a business of a public sector to the private sector. In a broader sense, privatization refers to transfer of any government function to the private sector including governmental functions like revenue collection and law enforcement. Divestment is said as the opposite of Investment. Investment means acquisition of certain assets; divestment means the release of assets. A business may be that a particular arm of its is not compatible with its core business and hence may decide to shelve or divest this business. Divestment may be done for various economic or social reasons.
What are the differences between polycarbohydrate and polysaccharide?
What are the differences between polycarbohydrate and polysaccharide?
Differences between 1950s and now?
differences between now and then 1905s
Differences between fraud and error?
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