Innovation Alliances in The Context of Quadruple Helix Entrepreneurial Ecosystem

Liviu Ciucan-Rusu () and Mihai Timus ()
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Liviu Ciucan-Rusu: “George Emil Palade†University of Medicine, Pharmacy, Science and Technology, Targu-Mures
Mihai Timus: “George Emil Palade†University of Medicine, Pharmacy, Science and Technology, Targu-Mures

Chapter 5 in International Conference Innovative Business Management & Global Entrepreneurship (IBMAGE 2020), 2020, vol. 14, pp 60-69 from Editura Lumen

Abstract: In nowadays economic environment the collaboration between actor of quadruple helix (academia, public authorities, businesses and support organizations) is crucial. First, because universities are sources of fresh ideas and competences which lead the innovation and second, businesses can offer the pragmatic approach of using these, while public polices struggle to ensure the sustainability of local economic development. We assume that needs of academia and businesses meets at some point. The challenge in this case is to identify these needs and put together the value which can bring each of the parts. Our study aims at identifying the needs of all stakeholders and promote collaboration between them in the context of University as an innovation hub. A survey was conducted during the first quarter of 2020 and data was collected from target group Centre Region of Romania. By the data collected we intend to ensure a better understanding of needs and develop roadmaps of building an entrepreneurial partnership. These actions will support the development process of the university as a local innovation hub. The main aims of the survey were followed: testing the topics of interest on which stakeholders can and intend to collaborate, what are the types of collaboration and if exist the understanding of advantages of collaboration between academia and local businesses and public institutions. The most popular topics of collaboration are: Business, ICT and Finance and Banking. The most popular types of collaborations are common projects for funding competitions followed by common research and development projects in mixed teams and common events, workshops and conferences.

Keywords: innovation alliances; higher education institutions; entrepreneurship; regional development (search for similar items in EconPapers)
JEL-codes: F2 M1 M2 O1 O3 Q5 (search for similar items in EconPapers)
Date: 2020
ISBN: 978-1-910129-29-6
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Persistent link: https://EconPapers.repec.org/RePEc:lum:prchap:14-05

DOI: 10.18662/lumproc/ibmage2020/05

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