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The Value of Scientific Knowledge Dissemination for Scientists—A Value Capture Perspective

1
Ludwig Boltzmann Gesellschaft, Open Innovation in Science Center (LBG OIS Center), Nußdorfer Str. 64, 1090 Vienna, Austria
2
Department of Strategy and Innovation, Copenhagen Business School, Kilevej 14A, 2000 Frederiksberg, Denmark
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Department for Food and Resource Economics, University of Copenhagen, Rolighedsvej 25, 1958 Frederiksberg Copenhagen, Denmark
*
Author to whom correspondence should be addressed.
Publications 2019, 7(3), 54; https://doi.org/10.3390/publications7030054
Received: 1 May 2019 / Revised: 18 June 2019 / Accepted: 16 July 2019 / Published: 24 July 2019
(This article belongs to the Special Issue Third Mission and Societal Impact)
Scientific knowledge dissemination is necessary to collaboratively develop solutions to today’s challenges among scientific, public, and commercial actors. Building on this, recent concepts (e.g., Third Mission) discuss the role and value of different dissemination mechanisms for increasing societal impact. However, the value individual scientists receive in exchange for disseminating knowledge differs across these mechanisms, which, consequently, affects their selection. So far, value capture mechanisms have mainly been described as appropriating monetary rewards in exchange for scientists’ knowledge (e.g., patenting). However, most knowledge dissemination activities in science do not directly result in capturing monetary value (e.g., social engagement). By taking a value capture perspective, this article conceptualizes and explores how individual scientists capture value from disseminating their knowledge. Results from our qualitative study indicate that scientists’ value capture consists of a measureable objective part (e.g., career promotion) and a still unconsidered subjective part (e.g., social recognition), which is perceived as valuable due to scientists’ needs. By advancing our understanding of value capture in science, scientists’ selection of dissemination mechanisms can be incentivized to increase both the value captured by themselves and society. Hence, policy makers and university managers can contribute to overcoming institutional and ecosystem barriers and foster scientists’ engagement with society. View Full-Text
Keywords: value capture; scientific knowledge production; open innovation in science; subjective exchange value; open science; societal impact value capture; scientific knowledge production; open innovation in science; subjective exchange value; open science; societal impact
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Beck, S.; Mahdad, M.; Beukel, K.; Poetz, M. The Value of Scientific Knowledge Dissemination for Scientists—A Value Capture Perspective. Publications 2019, 7, 54.

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