Commercialisation and Industrialisation: Research Prognosis for Academia Entrepreneurships

Wilson R. Nyemba, Charles Mbohwa, Keith F. Carter

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

1 Citation (Scopus)

Abstract

The ultimate expectation from any innovations that are nurtured through incubation and product development was to commercialise them for wealth creation, entrepreneurships and industrialisation. Several centres of excellence have been established in Southern Africa, either housed at or in collaboration with tertiary institutions, some of which have been actively involved in incubation of innovative ideas and start-ups. However, most of these innovations have not been taken beyond the innovation hubs due to several reasons such as lack of investors and adequate support from government or industry. This chapter explores ways in which ideas generated by academics can be ‘nourished’ and packaged to attract investment from industry in order to prepare them for start-ups that can be commercialised and possibly from which spin-off companies can emerge. This was accomplished by considering typical cases of this nature at universities in Southern Africa, with a view to use the developed knowledge to encourage the bridging of the gap between academia and industry.

Original languageEnglish
Title of host publicationEAI/Springer Innovations in Communication and Computing
PublisherSpringer Science and Business Media Deutschland GmbH
Pages229-253
Number of pages25
DOIs
Publication statusPublished - 2021
Externally publishedYes

Publication series

NameEAI/Springer Innovations in Communication and Computing
ISSN (Print)2522-8595
ISSN (Electronic)2522-8609

Keywords

  • Commercialisation
  • Entrepreneurial university
  • Entrepreneurship
  • Industrialisation
  • Intellectual property rights
  • Internationalisation
  • Spin-off
  • Start-up
  • Surrogate entrepreneur
  • Technology transfer office
  • Technopreneurship
  • Wealth creation

ASJC Scopus subject areas

  • Information Systems
  • Health Informatics
  • Computer Networks and Communications
  • Electrical and Electronic Engineering

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