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Sustainability 2018, 10(6), 1974; https://doi.org/10.3390/su10061974

An Empirical Study on Sustainable Innovation Academic Entrepreneurship Process Model

1
School of Economics and Business Administration, Chongqing University, Chongqing 400044, China
2
Zhongshan Institute, University of Electronic Science and Technology of China, Guangzhou 528400, China
3
College of Business Administration, Capital University of Economics and Business, Beijing 100070, China
*
Authors to whom correspondence should be addressed.
Received: 15 May 2018 / Revised: 4 June 2018 / Accepted: 4 June 2018 / Published: 12 June 2018
(This article belongs to the Special Issue Sustainable Innovation in Organizations for Improving Decisions)
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Abstract

As academic entrepreneurs, university faculty members and researchers with rich knowledge resources play an important role in the technology commercialization process, and in the creation and development of university spinoff enterprises. In this paper, we used a case study method to construct a sustainable innovative academic entrepreneurship process model from the perspective of entrepreneurial behavior. Then, we used this model to provide a deeper understanding of the activities and roles of academic entrepreneurs. This paper also expounded the process of value creation that is a result of sustainable innovative academic entrepreneurship, and compared and analyzed three types of university technology commercialization models. Our results showed that in the sustainable innovative academic entrepreneurship process model, the motivation of academic entrepreneurs leads them to play multiple roles as academic researchers, enterprise founders, and enterprise managers. In creating enterprises as the founders, and establishing and developing their enterprises, academic entrepreneurs realize the commercial value of the technology, while also incrementing their personal value. The sustainable innovative academic entrepreneurship process model provides a new path for effective transfer of technological innovations from academic research to the commercial market, creates social as well as economic value, and promotes regional economic development. View Full-Text
Keywords: technology commercialization; academic entrepreneur; process model; technology transfer; sustainable innovation; innovation; sustainability technology commercialization; academic entrepreneur; process model; technology transfer; sustainable innovation; innovation; sustainability
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Qian, X.-D.; Xia, J.; Liu, W.; Tsai, S.-B. An Empirical Study on Sustainable Innovation Academic Entrepreneurship Process Model. Sustainability 2018, 10, 1974.

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