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...

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...

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...

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...

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...

Knowledge flows from universities to the regional economy can take different forms ranging from formal research collaborations to consultancy and informal personal connections. One of the knowledge communication channels drawing substantial interest of both researchers and regional policy makers...

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...