We argue that the current economic crisis is a fault line in the transition from an industrial to a knowledge-based society and is thus potentially subject to a different set of dynamics than previous crises, like the Great Depression of the 1930s, which occurred within an existing mode of...

Purpose – The purpose of this paper is to outline the triple‐helix model of university‐industry‐government interactions and its contribution to entrepreneurship, and economic and social development. Design/methodology/approach – This paper draws upon international case studies and...

Purpose – The purpose of this paper is to explore an expanding venture capital (VC) system beyond economic capital concept, based on “triple bottom line” of enterprises. Design/methodology/approach – A complete VC system is given, first of all, and then the gap in the existing VC system...

Purpose – This paper aims to investigate knowledge‐capital relationship through tracking the history of knowledge commercialization. Design/methodology/approach – Theoretical exploration, historical evidence and interviews are used in this research. Firstly it recalls the convergence of...

Purpose – The paper aims to investigate the emergence of science policy in the states of the USA, drawing attention to the fact that every state has a science and technology agency and multiple programs that attempt to raise the level of science and technology in the state and attract...

Purpose – The purpose of this paper is to assess how technology‐based university research drives innovation in Europe and China. Design/methodology/approach – This paper draws on extensive theoretical research and literature reviews, and presents a framework based on theories on...

Purpose – The present paper seeks to illuminate the role played by university‐based technology transfer offices (TTOs) in driving the transfer of research‐based knowledge and technology from institutions of higher education to industry in Hong Kong. Design/methodology/approach –...

Purpose – The purpose of this paper is to present a conceptual stage model of education and innovation type. The model depicts the influence of education on innovation and the paper aims to discuss the implications of it for the national competitiveness of China. Design/methodology/approach...