Recent economic policies emphasize the role of academic science in technological innovation and economic growth and encourage universities and individual academics to engage in commercial activities. In this trend of academic commercialization, a growing concern has been expressed that its...

Academic consulting is recognised as an important and effective means of knowledge transfer with the public and private sectors. These interactions with external sectors offer opportunities for research application but also raise concerns over their potentially negative consequences for academic...

In recent decades, the rise of the entrepreneurial university and the need for commercialization of university knowledge has gained significant attention, thus posing major challenges for higher education institutions. The adequacy of commercialization requirements causes problems not only for...

The main aim of the article is to emphasise the need for governmental support in the process of building knowledge-based economy. The authors focus on the knowledge creating process in the form on R&D activities and also on entrepreneurial process, mostly in participation with universities. That...

Among contemporary economists, Mariana Mazzucato stands out for her emphasis on the importance of innovation to solve pressing challenges and achieve a greater quality of life. However, the type of mission-oriented innovation policies she promotes usually rely on an overly mechanical view of...

What is meant by entrepreneurship, innovation and economic growth is often not clear or very idiosyncratic. This paper starts with a discussion of the nature of entrepreneurship and its relation to innovation. The second section provides an overview of theory and empirical research on the...

This paper identifies the degree to which scientists are willing to change the direction of their work in exchange for resources. Data from the National Institutes of Health are used to estimate how scientists respond to targeted funding opportunities. Inducing a scientist to change their...

Regional innovation policies are currently influenced by a series of territorial innovation models, with the regional innovation system (RIS) approach being one of the prominent examples. The rationale of smart specialization strategies (S3s) is deeply influenced by the RIS concept and...