TY - JOUR T1 - Identifying the Challenges in Commercializing High Technology: A Case Study of Quantum Key Distribution Technology JF - Technology Innovation Management Review Y1 - 2015 A1 - Anas Al Natsheh A1 - Saheed A. Gbadegeshin A1 - Antti Rimpiläinen A1 - Irna Imamovic-Tokalic A1 - Andrea Zambrano KW - after-sales services KW - certification KW - challenges KW - commercialization KW - high technology KW - infrastructure KW - market size KW - quantum key distribution KW - standards KW - supply chains AB - This article examines the challenges in commercializing high technologies successfully and sustainably using quantum key distribution (QKD) technology as a case study. Quantum communication is increasingly relevant to cybersecurity and nanotechnology, which will replace current technologies and change the way we live. To understand how such high technology could be successfully commercialized, we interviewed individuals from four metrology institutions and two international companies. The result revealed that scattered and small markets, supply chain development, technology validation/certification, a lack of available or adequate infrastructure, and after-sales services are the most serious challenges facing successful commercialization of quantum communication technology. To validate these challenges, we conducted a survey of 60 experts, 49 of whom agreed that above-mentioned factors could affect the commercialization success of QKD technology. Likewise, the survey revealed that technical development, customer orientation/awareness, and government regulations could also hinder the commercialization of QKD technology. PB - Talent First Network CY - Ottawa VL - 5 UR - http://timreview.ca/article/864 IS - 1 U1 - CEMIS-Oulu Anas Al Natsheh is a Senior Business Advisor at the Centre for Measurement and Information Systems (CEMIS-Oulu) in Oulu, Finland, and he is a Principal Lecturer in Research, Development, and Innovation (RDI) at Kajaani University of Applied Sciences, also in Finland. He is an expert in empirical researches, research valorization, and technology commercialization. He holds a PhD from the University of Kuopio (now the University of Eastern Finland), where his research focused on the applications of nanotechnology. U2 - University of Oulu Saheed Adebayo Gbadegeshin is a Project Researcher at the University of Oulu in Finland, and he is a Project Staff member at Kajaani University of Applied Sciences, also in Finland. He holds an MSc degree in Entrepreneurship from the University of Jyväskylä in Finland. His research interests include technology-based entrepreneurship, technology commercialization, and family-run businesses. U3 - University of Oulu Antti Rimpiläinen is a Project Researcher at the University of Oulu in Finland and a Project Staff member at Kajaani University of Applied Sciences, also in Finland. He holds an MSc degree in Economics and Business Administration from the University of Oulu in Finland. His research interests include technology-based entrepreneurship, technology commercialization, networking, and international business. U4 - University of Oulu Irna Imamovic-Tokalic is a Project Staff member at the Kajaani University of Applied Sciences in Finland. She holds a BSc degree in Macrofinancial Management from the University of Sarajevo, Bosnia. Her research interests include technology commercialization, digital media and marketing, graphic design, and financial management. U5 - University of Oulu Andrea Zambrano is a Project Researcher at the Kajaani University of Applied Sciences in Finland. She holds a master’s degree in Financial and Management Accounting from the University of Oulu in Finland, and in International Economics from the University of Antwerp in Belgium. Her research interests include financial management, research cooperation with Latin-American regions, and economic impact studies with focuses on benefit-cost analyses, financial analyses, and forecasting. ER -