Purpose In the wake of COVID-19, most of the countries at present, are in a dilemma whether to extend lockdown at the cost of economy or to improve the hard-hit economy by lifting the lockdown. It is indicated by the reputed organizations and medical fraternity that corona will stay here for a longer period contrary to the earlier assumptions. Hence the purpose of this study is to suggest a strategy which balances both preventive measures and economic losses to control the pandemic. Design/methodology/approach There is a need for the identification of the critical success factors (CSFs) for developing COVID-19 preventive strategies to control the pandemic with an economy-centric approach. Findings The six CSFs identified are “Effective communication”, “Social distancing”, “Adopting new technology”, “Modify the rules and regulation at workplace”, “Sealing the borders of the territory” and “Strong leadership and government control”. Research limitations/implications The study has a vital contribution to literature as no previous study has identified CSFs for developing COVID-19 preventive strategies while focusing on the economy. Practical implications Further, these identified CSFs are helpful in medium and longer-term planning which is required to rebalance and re-energize the economy following this epidemic crisis. Originality/value The study has given a model that depicts the cause and influence relationship between the key factors in the system under question. The importance of study increases many fold, as resources are limited and the outcome of the study could be used to channelize the resources effectively.
Purpose In the era of Industry 4.0, knowledge component plays a vital role in manufacturing. For tacking the new complexities of the business, a concept of knowledge supply chain (KSC) is being proposed, which takes into account of knowledge component. Higher education institutes (HEIs) which are primary creator of knowledge are important foundations of such supply chain and act as the “knowledge supplier.” The purpose of this paper is to focus on why the HEIs are failed to become knowledge supplier in developing country like India. Design/methodology/approach This research paper adopts a resource-based theory to explore the concept and identify barriers which obstructs the progress of HEIs to become prominent knowledge supplier to industry. To tackle the research problem, an integrated hybrid approach of interpretive structural modeling–analytic hierarchy process is used. Expert elicitation was engaged to find out the prominence of each barrier and the interrelations among them. Findings Based on literature review, eight critical barriers were recognized. The findings put forward a four layer structural model. Based on this model, various remedial actions are also suggested to eliminate the barriers or lessen their negative effects on KSC. Practical implications This study finds its practical implication in higher education reforms as the identified barriers could enhance the decision-making quality regarding academia–industry interaction. Social implications Using the results of the study, HEIs could improve their social sustainability as they have different stakeholders covering wider sections of society and one being industry. Originality/value Most of the existing studies talk about short-term interactions like technology transfer. This study takes into account the barriers which are acting as roadblocks in long-term knowledge supplying role of HEIs.
Purpose At present, the contribution of higher educational institutes (HEIs) to economic development and society at large is under constant evaluation. One important parameter that is counted in their performance is generating intellectual capital. To maximize intellectual property (IP) (specifically patents which are considered to have maximum economic value) pool, the purpose of this paper is to conceptualize IP creation capability (IPCC) relevant to higher education. Furthermore, a scale is developed and validated to measure IPCC in Indian HEIs. Design/methodology/approach Both quantitative and qualitative methods were adopted for multi-dimensional scale development. The use of pragmatic approach also complemented exploratory design of the study for exploring relationship and developing a new instrument. The study further maps the connection between constructs of IPCC by proposing a structural model using the partial least squares path modeling method. Findings A significant positive relationship was seen among policy, incentives, research facility, working culture and IPCC subjected to Indian conditions. The findings based on data analysis suggest that incentive has a mediating effect between policy and IPCC. Practical implications Findings of the study could be used for formulating strategies to improve the current state of IP creation in HEIs. The results of the study could also be applied for a better understanding of the IP creation scenario in HEIs of India and similar developing countries. Originality/value This study presents the first endeavor to develop a well-structured scale for measuring IPCC especially in the context of the Indian higher education system. It contributes to research on higher education studies, innovation and IP creation.
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