Measuring value in the innovation processes of university-industry research centres

Document Type

Article

Source of Publication

International Journal of Technology, Policy and Management

Publication Date

1-1-2010

Abstract

There is increasing interest in new research relationships in the form of university-industry partnerships, by governments, universities, intermediary organisations and industry. These collaborations create value, however the value perceived, created and captured by the different actors in the innovation value network are different. However, based on the literature we can say that these values have to be present for all actors, at each phase, for the innovation process to continue. This paper presents a framework that illustrates a multi- actor view of the innovation process and associated values. It is hoped that this matrix can lead to new insight for researchers, practitioners and policy makers to manage better the innovation value network by facilitating the five phases of the innovation value network: policy making and grant process, idea generation and basic research, knowledge and technology development, knowledge and technology transfer and application of knowledge and technologies created by these research centres. Copyright © 2010 Inderscience Enterprises Ltd.

ISSN

1468-4322

Publisher

Inderscience Publishers

Volume

10

Issue

1-2

First Page

116

Last Page

136

Disciplines

Business

Keywords

Innovation value network, Knowledge and technology transfer, University-industry research centres, Value, Value capture, Value creation

Scopus ID

77951678241

Indexed in Scopus

yes

Open Access

no

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