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Innovation Alliances in The Context of Quadruple Helix Entrepreneurial Ecosystem

In: International Conference Innovative Business Management & Global Entrepreneurship (IBMAGE 2020)

Author

Listed:
  • 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)

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.

Suggested Citation

  • Liviu Ciucan-Rusu & Mihai Timus, 2020. "Innovation Alliances in The Context of Quadruple Helix Entrepreneurial Ecosystem," Book chapters-LUMEN Proceedings, in: Marcin Waldemar STANIEWSKI & Valentina VASILE & Adriana Grigorescu (ed.), International Conference Innovative Business Management & Global Entrepreneurship (IBMAGE 2020), edition 1, volume 14, chapter 5, pages 60-69, Editura Lumen.
  • Handle: RePEc:lum:prchap:14-05
    DOI: https://doi.org/10.18662/lumproc/ibmage2020/05
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    More about this item

    Keywords

    innovation alliances; higher education institutions; entrepreneurship; regional development;
    All these keywords.

    JEL classification:

    • F2 - International Economics - - International Factor Movements and International Business
    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics

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