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What does commercialize mean?

Looking for the meaning or definition of the word commercialize? Here's what it means.

Verb
  1. (transitive) to apply business methodology to something in order to profit
  2. (transitive) to exploit something for maximum financial gain, sometimes by sacrificing quality
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Examples
Reproducing Ming chinaware using the original ingredients took longer to commercialize than she suggests.
Xerox PARC came up with these innovations but left it to others to commercialize them.
He has suggested putting us in touch with people to commercialize our work, but we are not following this now.
Gardiner Hubbard organized a group that established the Bell Telephone Company in July 1877 to commercialize Bell's telephone.
In 1993 the company formed its Digital Imaging division to commercialize the invention.
It is clear enough that nobody is forced to commercialize their code as free software.

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