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

Authors: Constance Van Horne, Diane Poulin, Jean-Marc Frayret

Addresses: College of Business Sciences, Zayed University, Abu Dhabi, UAE. ' Department of Management, CIRRELT Research Center, Universite Laval, Quebec City, QC G1K 7P4, Canada. ' Departement de Mathematiques et genie industriel, CIRRELT Research Center, Ecole Polytechnique de Montreal, 2500, Chemin de Polytechnique, Montreal, QC H3T 1J4, Canada

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.

Keywords: university-industry research centres; innovation value networks; value creation; value capture; knowledge transfer; technology transfer; university research; policy making; grants; idea generation.

DOI: 10.1504/IJTPM.2010.032858

International Journal of Technology, Policy and Management, 2010 Vol.10 No.1/2, pp.116 - 136

Published online: 25 Apr 2010 *

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