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1 – 10 of over 9000Mozhdeh Taheri and Marina van Geenhuizen
Commercialization of research projects at the university, in particular, its efficiency and performance, have attracted little attention in the empirical literature to date. This…
Abstract
Commercialization of research projects at the university, in particular, its efficiency and performance, have attracted little attention in the empirical literature to date. This despite the fact that commercialization of university knowledge is increasingly seen as a third task of universities and understanding of what enhances and what blocks the processes involved, is virtually lacking, particularly on the project level. The purpose of this chapter is therefore to identify factors that influence the performance of university-driven knowledge projects, including efficiency, in the context of commercialization of knowledge at universities. In this context, the study employs Data Envelop Analysis combined with Rough-Set Analysis on a sample of 42 projects in the Netherlands. The major factors influencing overall performance in commercialization turn out to be years of collaboration with large firms and efficiency in use of resources in the projects, but the affinity of the project managers at university with the market also plays a role. The best overall results in commercialization (introduction to market in a relatively short time) are gained with a longer period of collaboration with large firms (5–10 years) and a medium level of efficiency. There are also some contradictory trends. The chapter concludes with implications of the results, as well as some future research paths.
Yasser Maghsoudi Ganjeh, Naser Khani and Akbar Alem Tabriz
This paper aims to propose and test a research model that links social media usage with networking capabilities on the commercialization performance.
Abstract
Purpose
This paper aims to propose and test a research model that links social media usage with networking capabilities on the commercialization performance.
Design/methodology/approach
The target population of this study consisted of 530 managers and experts in knowledge-based firms in Science and Technology Parks of Isfahan (Iran), which were active in the electronics and electronic engineering, bio, renewable energy, nano and information and communication technologies. To determine the effects of the social media and networking capability on the commercialization performance in knowledge-based firms, this study collected the data through a questionnaire survey with knowledge-based firms and conducted statistical analysis. The unit of analysis is the entire firm. The random sampling method was applied in this study. This study mainly uses the validated existing scales of previous studies on Likert-type scales with response options ranging from 1 to 5. To increase the response rate and accuracy, the researchers in this study also conducted phone and e-mail survey. A total of 230 questionnaires were conducted to remove the questionnaires with inadequate or missing answers, and the final 220 cases were selected as valid samples.
Findings
First, this research confirmed that social media usage can positively improve commercialization performance. Second, this research confirmed the mediating role of the networking capability on the relationship between social media usage and commercialization performance. In fact, social media tools represent a potential vehicle to help firms create better relationships with partners and increase commercialization performance via these mechanisms.
Originality/value
This study contributes to the existing literature by integrating the domains of social media usage and business networks perspective. Social media has revolutionized the way firms interact with business partners. A salient characteristic of today’s business setting is that partners use social media to nurture and sustain their network relationships with others (Kim et al., 2016). Moreover, based on the dynamic capability theory and business networks perspective, the authors introduce the impression management capability as a networking capability dimension that has been neglected and mentioned only briefly.
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Md Imtiaz Mostafiz, Farhad Uddin Ahmed, Fahad Ibrahim and Shlomo Yedidia Tarba
This study aims to investigate how international entrepreneurial firms (IEFs) successfully commercialise innovative products/services internationally. In doing so, the authors…
Abstract
Purpose
This study aims to investigate how international entrepreneurial firms (IEFs) successfully commercialise innovative products/services internationally. In doing so, the authors examined the role played by the international dynamic marketing capability (IDMC) in the relationship between explorative and exploitative innovation and commercialisation. In addition, the authors also evaluated how the breadth and depth of international networks facilitate IEFs in upholding the effects of the IDMC to influence commercialisation.
Design/methodology/approach
To test the research model, structural equation modelling is used based on time-lagged survey data drawn from 201 Malaysian IEFs. To validate the results, additional robustness tests and endogeneity analyses have been performed.
Findings
The findings show that the IDMC positively mediates the relationship between explorative and exploitative innovation and commercialisation. Furthermore, the finding exhibits that the effects of the IDMC on commercialisation are positively moderated by the breadth and depth of international networks.
Originality/value
Given the fragmented and general nature of the extant marketing research on the IDMC, the study contributes to the international marketing literature by providing rich and nuanced pertinent knowledge. This study advances dynamic capability theory in relation to IEFs by establishing the IDMC as a functional capability suited to enable them to successfully commercialise the products/services resulting from explorative and exploitative innovation.
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Li Zhao, Yang Xiang and Qiulu Yi
As a resource input in enterprise technological innovation, patents play an important role in influencing innovation performance. The purpose of this paper is to investigate the…
Abstract
Purpose
As a resource input in enterprise technological innovation, patents play an important role in influencing innovation performance. The purpose of this paper is to investigate the impact of fuzzy front end (FFE) patent management on innovation performance, and the mediating role of patent commercialization and the moderating effect of technological lock-in.
Design/methodology/approach
This paper adopts a questionnaire survey from a sample of 203 high-tech Chinese enterprises across multiple industries. Structural equation modeling and the hierarchical regression method were used to test the hypothesis.
Findings
The results show that the FFE of patent management, namely, patent acquisition and patent protection, positively affect innovation performance. Specifically, patent commercialization mediates the relationship between FFE patent management and innovation performance. Moreover, technological lock-in moderates the relationship between patent management and innovation performance.
Practical implications
This study puts forward suggestions relating to institution innovation and mechanism innovation for effective patent management in firms, and provides some guidelines for firms to efficiently utilize patents to improve innovation performance.
Originality/value
This paper provides certain empirical evidence for the study of organizational structure, strategic management, and knowledge governance. As the main participators in technology innovation, high-tech enterprises should utilize both inside and outside resources to acquire patents.
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Mohammad Javad Asgari, Amir Zakery and Mir Saman Pishvaee
This paper aims to investigate the impact of the factors affecting open innovation (OI) intensity, in terms of three components of cooperative innovation, resource search and…
Abstract
Purpose
This paper aims to investigate the impact of the factors affecting open innovation (OI) intensity, in terms of three components of cooperative innovation, resource search and external research and development (R&D), as well as the impact of OI intensity on commercialization performance in small and medium-sized enterprises.
Design/methodology/approach
The data obtained from the distributed questionnaire among small and medium-sized enterprises (SMEs) from Isfahan Science and Technology Town (ISTT) in Iran, was analyzed using inferential and parametric statistics to examine the research hypotheses. In this analysis, structural equation tests were used to confirm or reject the research hypotheses using Smart PLS software.
Findings
The results indicate that all three OI components influence commercialization in technology-based firms of ISTT, while the most important one is cooperative innovation. Among the factors affecting OI components, innovative incentives are the most effective one that increases both external R&D and cooperative innovation. Facilitators and limitations of open innovation are also affecting OI intensity, with lower priorities.
Practical implications
Science park managers and policymakers should lay the ground for enhancing the cooperation intensity among firms. Cooperation intensity is the most effective open innovation component to improve commercialization performance.
Originality/value
Open innovation antecedents and its consequence on commercialization performance have been investigated for the same time in SMEs of a science park.
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Agassy Manoukian, Hassan R. HassabElnaby and Vahe Odabashian
The purpose of this paper is to propose a theoretical framework for renewable energy (RE) technology commercialization and partnership synergy. The interrelations/influences…
Abstract
Purpose
The purpose of this paper is to propose a theoretical framework for renewable energy (RE) technology commercialization and partnership synergy. The interrelations/influences between external/internal factors, stakeholders’ partnership synergy, and resources in the form of dynamic capabilities and implementation mechanisms are used in this framework to explore the path toward overcoming non-technical barriers for RE technologies commercialization success.
Design/methodology/approach
Prior relevant research/literature is reviewed to derive the proposed theoretical framework constructs, while insight information on relationship between them is gained through case study methodology. The results of four case studies along with 16 validity/checkpoint interviews were used to support/reject 25 propositions linking the constructs.
Findings
The findings of the study supported 24 out of 25 propositions representing these relations, whereas one was rejected. The framework suggests that partnership synergy, if achieved, produces a unique internal and external resource combination that will result in successful technology commercialization.
Research limitations/implications
This study is limited to RE technologies and did not focus individually on non-technical barriers. Future research may extend into other industries and explore the impact of partnership synergy on each non-technical barrier of technology commercialization.
Originality/value
Due to absence of economic theory of synergy there is a gap in academic literature regarding partnership between stakeholders of innovative technologies, the level of its synergy and their relation to successful commercialization. The study attempts to fill this gap to some extent through the produced theoretical framework, which might also help a broad array of RE projects’ participants maximize the returns by realizing full advantage of collaboration with other stakeholders.
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Ximing Yin, Fei Li, Jin Chen and Yuedi Zhai
University–industry (UI) collaboration is essential for knowledge and technology exchange between higher education institutions and industries, enabling enterprises to accelerate…
Abstract
Purpose
University–industry (UI) collaboration is essential for knowledge and technology exchange between higher education institutions and industries, enabling enterprises to accelerate innovation. However, few studies have investigated the collaborative innovation mechanism through which UI collaboration can enhance the accumulation of firms' intellectual capital (IC) and how this, in turn, affects their innovation-driven development.
Design/methodology/approach
Drawing from the knowledge management and collaborative innovation theory, this research proposes a theoretical framework of the inter-organization relationship between enterprises and universities to investigate the influence mechanism of UI collaboration, including academic engagement and commercialization, on corporate performance as well as the mediating role of IC by employing survey that covers 177 UI collaborations.
Findings
Empirical results show that human capital and relational capital fully mediate the relationship between academic engagement UI collaboration and corporate economic performance, while human capital partially mediates the relationship between commercialization UI collaboration and corporate economic performance. Additionally, structural capital and relational capital partially mediate the relationship between academic engagement and corporate innovation performance, while structural capital fully mediates the relationship between commercialization and corporate innovation performance.
Originality/value
This study empirically investigates how academic engagement and commercialization impact corporate performance (i.e. innovation dimension or economic dimension). It uncovers this relationship's underlying mechanism by documenting the IC's mediating impact.
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Chen Li and Glenn Morgan
The purpose of this paper is to examine the relationship between institutional change and commercialization of university research in China, the largest developing country during…
Abstract
Purpose
The purpose of this paper is to examine the relationship between institutional change and commercialization of university research in China, the largest developing country during 1985‐2007 period.
Design/methodology/approach
The findings are based on a comparative case study of two key Chinese universities. Both unstructured and semi‐interviews are utilized for the research.
Findings
There is still a gap between goals of institutional change and performances of commercializing university research, albeit improvements have also been observed over last two decades.
Research limitations/implications
Only two universities are selected to approach the complex commercialization process, more cases are needed for further research.
Practical implications
Experience generated from this comparative study might be helpful for other developing countries to explore the appropriate paths to commercialize their research results.
Originality/value
Three modes of commercialization proposed in the paper might help for cross‐country comparison research.
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Tim Minshall, Bill Wicksteed, Céline Druilhe, Andrea Kells, Michael Lynskey and Jelena Širaliova
In 2003, there was a concern among policymakers that spin-outs were being given undue prominence in consideration of the research commercialisation performance of UK Higher…
Abstract
In 2003, there was a concern among policymakers that spin-outs were being given undue prominence in consideration of the research commercialisation performance of UK Higher Education Institutes (HEIs) (Lambert, 2003). The aim of this research was to investigate what issues lay behind the data reported on spin-out activity by UK HEIs in the period 1998–2002.
Sew Huey Ting, Sofri Yahya and Cheng Ling Tan
This study aims to discover the influence of researcher competence on University-Industry collaboration via researcher’s domain knowledge.
Abstract
Purpose
This study aims to discover the influence of researcher competence on University-Industry collaboration via researcher’s domain knowledge.
Design/methodology/approach
Quantitative data were collected via survey questionnaire by using purposive sampling technique from a total of 121 academicians from all five research universities in Malaysia. PLS-SEM is used to examine multiple structural relationships between the researcher competence, domain knowledge transfers and spillovers and university-industry collaboration.
Findings
Researcher’s competence serves as a success booster to initiate the collaborative endeavour, and the University-Industry collaboration is found to be substantially influenced by the domain knowledge transfers and spillovers.
Research limitations/implications
The size of the sample in this study was however constrained by the characteristics and background of the targeted pool of respondents to be generalised to the population of all universities in Malaysia.
Practical implications
Researcher competence is found to be significant drive to the University-Industry collaboration formation through the development and deployment of domain knowledge transfers and spillovers. Thus, it requires the desire and need for continuous competence development for researchers, and a step change is called for individual principal investigators about extending their leadership across the field of studies and appearing as critical business partners in the University-Industry collaboration.
Originality/value
The paper contributes to the literature by empirically investigating the influence of researcher competence on the University-Industry collaboration via researcher’s domain knowledge. It attempts to show the researcher’s ability to leverage their competencies in increasing the collaborative endeavour in making out business opportunities, which will eventually influence the public university’s sustainability development. In addition, it proves the importance of researcher’s competence and domain knowledge within the entrepreneurial activities, which serves as the significant drivers to ensure successful University-Industry collaboration.
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