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Analysis of Factors Influencing Technology Transfer: A Structural Equation Modeling Based Approach
| Content Provider | MDPI |
|---|---|
| Author | Singhai, Sandeep Singh, Ritika Sardana, Harish Madhukar, Anuradha |
| Copyright Year | 2021 |
| Description | Technology transfer is one of the facets of academic entrepreneurship and acts as a vital element of the innovation system. It forms a sustainable link between research and business communities. A holistic model for successfully transferring technology in developing countries is an unmet need in the context of technology transfer from public-funded academic research institutions to small and medium enterprises. In this work, we developed a conceptual model and undertook an empirical study for the determinants of successful transfer. A questionnaire was prepared and administered to key stakeholders involved in technology transfer. Overall, 321 respondents participated in the survey with congener demography. The conceptualized input factors, viz. micro-level, meso-level, and macro-level factors, are significantly interrelated. The contribution of input factors towards the successful transfer of technology was extensively analyzed and tested using covariance-based structural equation modeling. The results show that the model is a good fit. The study revealed that communication, innovativeness, knowledge, quality of the product, and motivation were the five most important factors for successfully transferring technology. |
| Starting Page | 5600 |
| e-ISSN | 20711050 |
| DOI | 10.3390/su13105600 |
| Journal | Sustainability |
| Issue Number | 10 |
| Volume Number | 13 |
| Language | English |
| Publisher | MDPI |
| Publisher Date | 2021-05-17 |
| Access Restriction | Open |
| Subject Keyword | Sustainability Social Sciences, Interdisciplinary Technology Transfer Macro-level Factors Meso-level Factors Micro-level Factors Structural Equation Modeling Public-funded Academic Research Institutions |
| Content Type | Text |
| Resource Type | Article |