SPACE-RL Innovation Transfer Model “Science – Business”

Desislava Serafimova, Serhiy Lyeonov, Iurii Volk, Svitlana Bilan and Artem Artyukhov

European Journal of Interdisciplinary Studies, 2023, issue 01

Abstract: Normal 0 false false false EN-GB II-CN X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:""; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin:0cm; text-align:center; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Calibri",sans-serif; mso-bidi-font-family:"Times New Roman"; mso-ansi-language:EN-US; mso-fareast-language:EN-US;} The article deals with creating the innovation transfer model “science - production – business”. It is based on quantitative indicators for assessing the external environment and market analysis, the landscape for implementing the development and introduction of innovation and evaluating the internal environment and the level of readiness for implementation. The authors provide ways of commercializing the scientific research results and describe the role of an entrepreneurial university in achieving the main tasks of innovation and technology transfer. A combined SPACE-RL model for assessing the prospects for new scientific ”products” concerning external and internal influencing factors is proposed. The SPACE matrix, from a subjective assessment tool based on qualitative indicators determined by experts, has turned into a SPACE-RL model, in which it is possible to compare the entrepreneurial university's capabilities in terms of the strategy of bringing the invention to the market and the readiness of the invention to become innovation The SPACE-RL model maximally objectifies the innovation transfer process, reducing the influence of qualitative factors on decision-making.

Keywords: transfer model; technology transfer; innovation; entrepreneurial university; commercializing; SPACE-RL model (search for similar items in EconPapers)
JEL-codes: O31 O32 (search for similar items in EconPapers)
Date: 2023
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