Knowledge Transfer and Innovation: Universities as Catalysts for Sustainable Decision Making in Industry

Lianne Foti (), Lance Warwick, Eric Lyons, Sonia Dhaliwal and Michael Alcorn
Additional contact information
Lianne Foti: Gordon S. Lang School of Business and Economics, University of Guelph, 50 Stone Road East, Guelph, ON N1G 2W1, Canada
Lance Warwick: College of Applied Health Sciences, University of Illinois, 601 E. John St., Champaign, IL 61820, USA
Eric Lyons: Department of Plant Agriculture, University of Guelph, 50 Stone Road East, Guelph, ON N1G 2W1, Canada
Sonia Dhaliwal: Gordon S. Lang School of Business and Economics, University of Guelph, 50 Stone Road East, Guelph, ON N1G 2W1, Canada
Michael Alcorn: Gordon S. Lang School of Business and Economics, University of Guelph, 50 Stone Road East, Guelph, ON N1G 2W1, Canada

Sustainability, 2023, vol. 15, issue 14, 1-11

Abstract: The urgency of addressing the climate crisis has heightened the need to make sustainable decisions. Universities and research institutions are uniquely able to help develop and disseminate useful information for industry, specifically small and medium enterprises. This case study examines the collaboration between the Guelph Turfgrass Institute (GTI) and the turfgrass industry that culminated in the creation of a “Turf Net Present Value Model”. This model enables turfgrass installers, managers, and local municipalities to determine the structure of their turfgrass systems, natural or artificial, and estimate the net present value (NPV) over an extended period. A conceptual model for effective industry-university collaboration is then used to evaluate the knowledge transfer between academia and industry, showcasing a knowledge-transfer framework for improved decision-making and sustainability in sports facilities.

Keywords: knowledge transfer; synthetic vs. natural turfgrass; Turf Net Present Value Model; sustainability; sustainable decision making; sport facilities; disaster risk reduction (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.mdpi.com/2071-1050/15/14/11175/pdf (application/pdf)
https://www.mdpi.com/2071-1050/15/14/11175/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:15:y:2023:i:14:p:11175-:d:1196380

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().