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Knowledge Transfer Mechanisms from Universities and Other HEIs to the Sector

In: Knowledge Matters

Author

Listed:
  • Piero Formica

    (International Faculty Economics of Entrepreneurship — Emirates Centre for Entrepreneurship)

  • Urmas Varblane

    (University of Tartu)

  • Tõnis Mets

    (University of Tartu)

Abstract

The sustained phase of transition to economies characterized by considerable, and sometimes revolutionary, advances in science, technology and related industries, coupled with subsequent profound changes in economy and society, has increased the importance of the knowledge-intensive phases of production for value-creation. As enterprises, in fact, become more reliant on technology, they will become more dependent on knowledge. Accordingly, policy makers in a growing number of countries have become increasingly concerned with the management of the entire knowledge chain: from creation to the diffusion, conversion and entrepreneurial exploitation of scientific and technological knowledge. The knowledge chain also has profound implications for higher education institutions and business schools, which to be successful need to help companies create knowledge and become part of knowledge streams.

Suggested Citation

  • Piero Formica & Urmas Varblane & Tõnis Mets, 2008. "Knowledge Transfer Mechanisms from Universities and Other HEIs to the Sector," Palgrave Macmillan Books, in: Elias G. Carayannis & Piero Formica (ed.), Knowledge Matters, chapter 2, pages 21-51, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-58226-2_2
    DOI: 10.1057/9780230582262_2
    as

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