Synonyms
Academic firm; Commercial firm; Cross-employment; Ecosystem; Entrepreneurial university; Epistemic governance; Knowledge application; Knowledge production; Linear innovation; Mode 1; Mode 2; Mode 3; Mode 3 university; Modularity; Networks; Network absorptive capacity; Nonlinear innovation; Quadruple Helix; Quadruple Helix innovation systems; Quality of democracy; Research (R&D); Quintuple Helix innovation systems
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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Campbell, D.F.J., Carayannis, E.G., Güttel, W.H. (2017). Academic Firm. In: Encyclopedia of Creativity, Invention, Innovation and Entrepreneurship. Springer, New York, NY. https://doi.org/10.1007/978-1-4614-6616-1_252-2
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DOI: https://doi.org/10.1007/978-1-4614-6616-1_252-2
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