Academic Entrepreneurship, Bioeconomy, and Sustainable Development

Oguntuase, Oluwaseun James

doi:10.4018/978-1-7998-1981-3.ch003

Cited by 3 publications

(2 citation statements)

References 60 publications

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“…Innovation is an idea, method, technology, or process, that is perceived as novel [1]. It is an evolutionary process that typically relates to improvements over existing ideas or solutions.…”

Section: Introductionmentioning

confidence: 99%

Social network heterogeneity benefits individuals at the expense of groups in the creation of innovation

Zarei¹,

Ryckebusch²,

Schoors³

et al. 2022

Preprint

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Innovation is fundamental for development and provides a competitive advantage for societies. It is the process of creating more complex technologies, ideas, or protocols from existing ones. While innovation may be created by single agents (i.e. individuals or organisations), it is often a result of social interactions between agents exchanging and combining complementary expertise and perspectives. The structure of social networks impacts this knowledge exchange process. To study the role of social network structures on the creation of new technologies, we design an evolutionary mechanistic model combining self-creation and social learning. We find that social heterogeneity allows agents to leverage the benefits of diversity and to develop technologies of higher complexity. Social heterogeneity, however, reduces the group ability to innovate. Not only the social structure but also the openness of agents to collaborate affect innovation. We find that interdisciplinary interactions lead to more complex technologies benefiting the entire group but also increase the inequality in the innovation output. Lower openness to interdisciplinary collaborations may be compensated by a higher ability to collaborate with multiple peers, but low openness also neutralises the intrinsic benefits of network heterogeneity. Our findings indicate that social network heterogeneity has contrasting effects on microscopic (local) and macroscopic (group) levels, suggesting that the emergence of innovation leaders may suppress the overall group performance.

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Section: Introductionmentioning

confidence: 99%

Social network heterogeneity benefits individuals at the expense of groups in the creation of innovation

Zarei¹,

Ryckebusch²,

Schoors³

et al. 2022

Preprint

View full text Add to dashboard Cite

show abstract

“…The contribution of academic entrepreneurship to sustainable development and environmental care is also twofold, at both the micro and macro levels [6]. This is so not only when the research involved focuses on directly related issues such as the green and circular economy or bioeconomy [7], but also in any research and transfer process, as it improves existing technology [8]. That is why we consider it necessary to know what are the mechanisms that lead academics to choose one or another type of channel for entrepreneurship, given its implications for sustainability.…”

Section: Introductionmentioning

confidence: 99%

Choosing between Formal and Informal Technology Transfer Channels: Determining Factors among Spanish Academicians

Vega-Gómez

Miranda

2021

Sustainability

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Technology transfer has become one of the most important activities that must be developed by universities. However, there are multiple ways to do it. We can differentiate, essentially, between formal transfer (which is carried out through the channels established and controlled by the university staff, legalized through contracts) and informal (channels not legalized by signing a contract). Both types of transfers have diverse implications, which is why their study is necessary. This research aimed to study what are the determinants that lead academics to choose one or another channel of technology transfer. To this end, an empirical study was carried out by sending a questionnaire ad hoc to which a total of 1215 researchers responded. The results show that the choice of formal transfer channels depends on the academic experience in informal channels, as well as on the capacity and that of organizational justice. These results have important implications for policy makers and university managers.

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Advancing a Framework for Entrepreneurship Development in a Bioeconomy

Oguntuase

2021

Advances in Business Strategy and Competitive Advantage

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This chapter frames bioeconomy as a pathway to sustainable development, and entrepreneurship as the bedrock of a bioeconomy. Its objective is threefold. First, the chapter enumerates the importance of innovation and entrepreneurship in a bioeconomy. Second, the chapter identifies the key production determinants and transformative game changers in a bioeconomy that should be the focus of innovative entrepreneurial activities. Third, it presents a conceptual framework for entrepreneurship development in a bioeconomy. The chapter employs systematic literature review approach to achieve its objectives. In total, the chapter asserts that there are several entrepreneurial opportunities in a bioeconomy, spanning the production determinants, the development of transformative game changers, and in distinct innovations like substitute products, new (bio-based) products and new (bio-based) processes.

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Academic Entrepreneurship, Bioeconomy, and Sustainable Development

Cited by 3 publications

References 60 publications

Social network heterogeneity benefits individuals at the expense of groups in the creation of innovation

Social network heterogeneity benefits individuals at the expense of groups in the creation of innovation

Choosing between Formal and Informal Technology Transfer Channels: Determining Factors among Spanish Academicians

Advancing a Framework for Entrepreneurship Development in a Bioeconomy

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