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Responsible innovators: open networks on the way to sustainability transitions.
- Source :
- Technological Forecasting & Social Change; Se2014, Vol. 87, p28-40, 13p
- Publication Year :
- 2014
-
Abstract
- This paper elucidates ways in which small high-technology companies through using open knowledge networks may contribute to sustainability transitions. The analysis focuses on young university spin-off companies as an important channel for bringing responsible innovations from university to market while it connects the micro-level with the meso-level of networks supporting socio-technical system changes. A conceptual reflection on responsible innovation, openness in knowledge networks and socio-technical systems' transitions, is followed by an empirical research. Based on a hundred companies and four case studies, the results indicate that responsible innovation is one of the drivers of openness in knowledge networks. However, partner diversity in openness tends to have a negative effect on growth of the companies. Our preliminary evidence indicates that focus (product-market) and selectivity in the choice of partners connected to professional (venture) capital, market access, credibility and complementary assets are highly relevant when it comes to influencing change in socio-technical systems. A discussion of the implications of this study and suggestions for future research close the paper. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 00401625
- Volume :
- 87
- Database :
- Supplemental Index
- Journal :
- Technological Forecasting & Social Change
- Publication Type :
- Academic Journal
- Accession number :
- 97045265
- Full Text :
- https://doi.org/10.1016/j.techfore.2014.06.001