Commercialisation and Industrialisation: Research Prognosis for Academia Entrepreneurships

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

doi:10.1007/978-3-030-70493-3_11

Commercialisation and Industrialisation: Research Prognosis for Academia Entrepreneurships

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

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-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 language	English
Title of host publication	EAI/Springer Innovations in Communication and Computing
Publisher	Springer Science and Business Media Deutschland GmbH
Pages	229-253
Number of pages	25
DOIs	https://doi.org/10.1007/978-3-030-70493-3_11
Publication status	Published - 2021
Externally published	Yes

Publication series

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

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 9 Industry, Innovation, and Infrastructure

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

Access to Document

10.1007/978-3-030-70493-3_11

Cite this

Nyemba, W. R., Mbohwa, C., & Carter, K. F. (2021). Commercialisation and Industrialisation: Research Prognosis for Academia Entrepreneurships. In EAI/Springer Innovations in Communication and Computing (pp. 229-253). (EAI/Springer Innovations in Communication and Computing). Springer Science and Business Media Deutschland GmbH. https://doi.org/10.1007/978-3-030-70493-3_11

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Commercialisation and Industrialisation: Research Prognosis for Academia Entrepreneurships. / Nyemba, Wilson R.; Mbohwa, Charles; Carter, Keith F.
EAI/Springer Innovations in Communication and Computing. Springer Science and Business Media Deutschland GmbH, 2021. p. 229-253 (EAI/Springer Innovations in Communication and Computing).

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

TY - CHAP

T1 - Commercialisation and Industrialisation

T2 - Research Prognosis for Academia Entrepreneurships

AU - Nyemba, Wilson R.

AU - Mbohwa, Charles

AU - Carter, Keith F.

PY - 2021

Y1 - 2021

N2 - 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.

AB - 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.

KW - Commercialisation

KW - Entrepreneurial university

KW - Entrepreneurship

KW - Industrialisation

KW - Intellectual property rights

KW - Internationalisation

KW - Spin-off

KW - Start-up

KW - Surrogate entrepreneur

KW - Technology transfer office

KW - Technopreneurship

KW - Wealth creation

UR - https://www.scopus.com/pages/publications/85106021738

U2 - 10.1007/978-3-030-70493-3_11

DO - 10.1007/978-3-030-70493-3_11

M3 - Chapter

AN - SCOPUS:85106021738

T3 - EAI/Springer Innovations in Communication and Computing

SP - 229

EP - 253

BT - EAI/Springer Innovations in Communication and Computing

PB - Springer Science and Business Media Deutschland GmbH

ER -

Commercialisation and Industrialisation: Research Prognosis for Academia Entrepreneurships

Abstract

Publication series

UN SDGs

Keywords

ASJC Scopus subject areas

Access to Document

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Cite this