NDLI: Accelerating Commercialization of University Output by Translating It into Social Value

Content Provider	IEEE Xplore Digital Library
Author	Namba, M.
Copyright Year	2006
Description	Author affiliation: Ritsumeikan Asia Pacific Univ., Oita (Namba, M.)
Abstract	One effective way of accelerating the commercialization of research results output by a university is to adopt an "innovation ecosystem" in which participants take on different roles in the innovation process from new discoveries to commercialization. An increase here in the number of participants, however, may mean more people without a deep understanding of science and technology such as graduates with an MBA background, venture capitalists, entrepreneurs, etc. This can make communication difficult in the innovation ecosystem, and even more so in cutting-edge technologies like nanotechnology and biotechnology, thereby hindering the commercialization process. To help eliminate this difficulty, a concept-creation model (or tool) is proposed based on existing theories and three case studies. The model recommends that (1) university output be translated into social value using easy-to-understand language, and that (2) significant and promising university discoveries be pre-selected by experienced persons to simplify their combination and transformation into a product concept by business-oriented people not specialized in science and technology. Considering that concept creators of this type may have better insight into market trends and social needs, this model will enable more non-specialists to participate in the innovation ecosystem and contribute to the commercialization of university output
Starting Page	794
Ending Page	802
File Size	10022307
Page Count	9
File Format	PDF
ISBN	1890843148
DOI	10.1109/PICMET.2006.296615
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2006-07-08
Publisher Place	Turkey
Access Restriction	Subscribed
Rights Holder	PICMET
Subject Keyword	Acceleration Commercialization Technological innovation Ecosystems Nanotechnology Biotechnology Business Knowledge engineering Asia Information technology
Content Type	Text
Resource Type	Article

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
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9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in