Commercialization is a process that involves transforming state-owned enterprises into commercial or profit-oriented entities. The primary purpose of commercialization is to make state-owned firms more efficient by instilling private sector practices and management techniques into their operations. By doing this, state-owned firms can become more self-sustaining and less reliant on government subsidies, and ultimately contribute to economic growth. Commercialization can also encourage the flow of foreign capital and promote greater private sector participation in the economy.