2017
DOI: 10.1111/radm.12265
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University business models in disequilibrium – engaging industry and end users within university technology transfer processes

Abstract: This article explores how greater engagement with industry and end users has influenced the University Technology Transfer Business Model. In order to achieve this, they adopted a qualitative methodology which draws upon case study evidence of two case universities located in a particular region. The findings, represented in a conceptual framework depict a hybrid University Technology Transfer Business Model which is in a state of permanent disequilibrium as a result of path dependency and organisational cultu… Show more

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Cited by 39 publications
(27 citation statements)
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“…Adopting an internationalization orientation, entrepreneurial universities are more proactive in terms of attracting and retaining talent with entrepreneurial mindsets and behaviours; capturing balanced and diversified funds for ensuring long-term investment in entrepreneurial and innovative activities; and building strategic partnerships with key agents with a strong entrepreneurial innovation presence and recognition across the globe. Third, are internal factors relating to a diversified strategic orientation (McAdam et al 2017;Abdelkafi et al 2018;Madichie and Gbadamosi, 2017). By adopting a diversified strategic orientation, entrepreneurial universities looking for the achievement of multiple stakeholders' goals and long-term survival by focusing on value creation and hybrid business models in the delivery and support of entrepreneurial and innovative initiatives.…”
Section: Internal Factorsstrategic Challengesmentioning
confidence: 99%
“…Adopting an internationalization orientation, entrepreneurial universities are more proactive in terms of attracting and retaining talent with entrepreneurial mindsets and behaviours; capturing balanced and diversified funds for ensuring long-term investment in entrepreneurial and innovative activities; and building strategic partnerships with key agents with a strong entrepreneurial innovation presence and recognition across the globe. Third, are internal factors relating to a diversified strategic orientation (McAdam et al 2017;Abdelkafi et al 2018;Madichie and Gbadamosi, 2017). By adopting a diversified strategic orientation, entrepreneurial universities looking for the achievement of multiple stakeholders' goals and long-term survival by focusing on value creation and hybrid business models in the delivery and support of entrepreneurial and innovative initiatives.…”
Section: Internal Factorsstrategic Challengesmentioning
confidence: 99%
“…The findings were interpreted in terms of the transition of a business model from a ‘triple helix’ to a ‘quadruple helix’ model (Carayannis and Rakhmatullin, 2014). The authors report that: ‘at the end of the research period, it was evident that both universities were in a state of disequilibrium and had slowly transitioned their [business model] to a point where they were exhibiting a hybrid [model] where they were exhibiting elements of both a [triple‐helix based model] and a [quadruple helix based model] simultaneously’ (McAdam et al, 2017, p. 468). In other words, change in the innovation business model is explained as incremental adaptive incorporation of new practices (i.e., novelty) between two equilibrium states (i.e., stability).…”
Section: Discussionmentioning
confidence: 99%
“…Article [3] offers a new approach to the conceptualization of the human capital resource by developing a multilevel model. Also a number of works are aimed at studying the development of universities [4][5][6][7] where the engine of development is human capital [8][9][10].…”
Section: Mastering the Field Of Action -Person -Subject Of Changementioning
confidence: 99%