INNOVATION ISSUES ON THE UNIVERSITIES – BUSINESSES COLLABORATION
This paper aims to evolve the importance of innovation in the collaboration activities between colleges, universities and business entities. Creating and transferring knowledge in a win-win situation between these two entities can be evaluated, measured and serve as a longtime basis for innovation....
Saved in:
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
University of Pitesti
2021-12-01
|
| Series: | Buletin ştiinţific: Universitatea din Piteşti. Seria Ştiinţe Economice |
| Subjects: | |
| Online Access: | http://economic.upit.ro/RePEc/pdf/2021_3_21.pdf |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Summary: | This paper aims to evolve the importance of innovation in the collaboration activities between colleges, universities and business entities. Creating and transferring knowledge in a win-win situation between these two entities can be evaluated, measured and serve as a longtime basis for innovation. Although it is considered easier using input and output measures for the evaluation of universities - businesses cooperation, the focus should be on the economic impact of the collaboration. This would lead to measuring the level of innovation, competitiveness, growth and furthermore, to the development of private and public policies. Governments and development agencies in local and national level, invest distinguished budgets to promote innovation in the enterprises and improve their innovation management practices in order to make them expand the issues of innovation. Whatsoever, there is no evidence on the effects these issues have on a college, university or business’ outcome over a long period of time. However, using a methodical system for measuring innovation’s impact, the revenue, profit or productivity can be evaluated. |
|---|---|
| ISSN: | 1583-1809 2344-4908 |