Abstract
National governments have recognised the important role played by higher education institutions in the diversification of their economy through innovation. Universities and colleges are playing a crucial role not only in their traditional mean of serving the country (teaching, research and community services) but also through innovation. Universities are playing a critical role in the development of hi-Tech products and services; generation of new knowledge and the spin-off of a new business venture. Universities innovation model should incorporate the national innovation framework, society, regulation, culture and business for a successful transformation of knowledge into a useful products and services that will give a nation an edge over competition.
Original language | English |
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Pages (from-to) | 293-303 |
Number of pages | 11 |
Journal | International Journal of Business Innovation and Research |
Volume | 17 |
Issue number | 3 |
DOIs | |
Publication status | Published - 2018 |
Keywords
- Academic Innovation Programs
- Innovation Model
- Innovation Policy
- Universities
ASJC Scopus subject areas
- Business and International Management
- Management of Technology and Innovation