This book discusses practical issues of innovation and entrepreneurship and outlines the basic factors contributing to the growth of a knowledge-based economy. It delineates the research to commercialization process, or the lab to market process, as consisting of two interlocking ingredients: developing industrial technology from research and nurturing an environment conducive to technology business. Thus the missions and roles of the four institutional players of the national innovation system, namely university, industry, technology institute and government, are clearly defined. It points...