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Identifying, explaining and improving the effects of academic R&D : The case of nanotechnology in Sweden

Perez Vico, Eugenia LU and Jacobsson, Staffan (2012) In Science and Public Policy 39(4). p.513-529
Abstract
It is commonly believed that the academic sector does not generate enough value for society. This value is often measured in terms of new firms, patents and products, leading to policy responses which aim to enhance ‘commercialisation’ by academics. However, others maintain that academic research generates benefits in many ways, some of which are difficult to measure, and that policy must look beyond the academic sector to find ways of improving the impact of academic R&D. Applying a new version of the ‘technological innovation system’ framework to nanotechnology in Sweden, we find a rich pattern of impact, including substantial ‘commercialisation’. However, the effect of academic activities is constrained by factors exogenous to... (More)
It is commonly believed that the academic sector does not generate enough value for society. This value is often measured in terms of new firms, patents and products, leading to policy responses which aim to enhance ‘commercialisation’ by academics. However, others maintain that academic research generates benefits in many ways, some of which are difficult to measure, and that policy must look beyond the academic sector to find ways of improving the impact of academic R&D. Applying a new version of the ‘technological innovation system’ framework to nanotechnology in Sweden, we find a rich pattern of impact, including substantial ‘commercialisation’. However, the effect of academic activities is constrained by factors exogenous to academia, in particular a lack of knowledge about environmental and health risks, institutional and market uncertainties, poorly coordinated policies and insufficient access to innovation-related capital. Policy-makers seeking to improve the impact of academic R&D should help to resolve these issues. (Less)
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author
publishing date
type
Contribution to journal
publication status
published
subject
keywords
impact, academic R&D, policy, nanotechnology, Sweden
in
Science and Public Policy
volume
39
issue
4
pages
17 pages
publisher
Oxford University Press
external identifiers
  • scopus:84871361260
ISSN
1471-5430
DOI
10.1093/scipol/scs037
language
English
LU publication?
no
id
7a875ae1-c408-4631-8eed-b38670d79eb5
date added to LUP
2017-01-09 11:50:58
date last changed
2017-11-05 05:11:59
@article{7a875ae1-c408-4631-8eed-b38670d79eb5,
  abstract     = {It is commonly believed that the academic sector does not generate enough value for society. This value is often measured in terms of new firms, patents and products, leading to policy responses which aim to enhance ‘commercialisation’ by academics. However, others maintain that academic research generates benefits in many ways, some of which are difficult to measure, and that policy must look beyond the academic sector to find ways of improving the impact of academic R&D. Applying a new version of the ‘technological innovation system’ framework to nanotechnology in Sweden, we find a rich pattern of impact, including substantial ‘commercialisation’. However, the effect of academic activities is constrained by factors exogenous to academia, in particular a lack of knowledge about environmental and health risks, institutional and market uncertainties, poorly coordinated policies and insufficient access to innovation-related capital. Policy-makers seeking to improve the impact of academic R&D should help to resolve these issues.},
  author       = {Perez Vico, Eugenia and Jacobsson, Staffan},
  issn         = {1471-5430},
  keyword      = {impact,academic R&D,policy,nanotechnology,Sweden},
  language     = {eng},
  number       = {4},
  pages        = {513--529},
  publisher    = {Oxford University Press},
  series       = {Science and Public Policy},
  title        = {Identifying, explaining and improving the effects of academic R&D : The case of nanotechnology in Sweden},
  url          = {http://dx.doi.org/10.1093/scipol/scs037},
  volume       = {39},
  year         = {2012},
}