Academic Firm

  • David F. J. CampbellEmail author
  • Elias G. Carayannis
  • Wolfgang H. Güttel
Living reference work entry


The Conceptual Definition of the Academic Firm

The “academic firm” represents a type of firm (firm-based organization) that focuses on encouraging, supporting, and advancing knowledge production (research, research and experimental development, R&D) and knowledge application (innovation). The academic firm is also inclined to generate profit (revenues), but follows here more the logic of a “sustainability” in balance with knowledge production and the principles of knowledge production. The contrary concept to the academic firm would be the “commercial firm,” which is...

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Copyright information

© Springer Science+Business Media LLC 2017

Authors and Affiliations

  • David F. J. Campbell
    • 1
    Email author
  • Elias G. Carayannis
    • 2
  • Wolfgang H. Güttel
    • 3
  1. 1.Faculty for Interdisciplinary StudiesAlpen-Adria-University KlagenfurtViennaAustria
  2. 2.Department of Information Systems & Technology Management, School of BusinessThe George Washington UniversityWashingtonUSA
  3. 3.Institute of Human Resource and Change ManagementJohannes Kepler UniversityLinzAustria

Section editors and affiliations

  • David F. J. Campbell
    • 1
  1. 1.Faculty for Interdisciplinary StudiesAlpen-Adria-University KlagenfurtViennaAustria