Date of Conferral

11-13-2024

Degree

Ph.D.

School

Management

Advisor

Robert Levasseur

Abstract

Business managers risk failure if they do not correctly integrate academic knowledge transfer with their firms’ investments and their absorptive capabilities to generate viable industrial designs for new products. The purpose of this quantitative, correlational study was to test the relationship between nine academic-industry collaboration factors and the number of new products that firms generate. Three theoretical frameworks formed the basis of the completed study: (a) the quintuple helix, (b) the natural resource based view theory, and (c) the circular bioeconomy. Multiple regression analysis was used to test the relationship between nine academic-industry success factors and the number of new products firms generated using data from a sample of 129 countries in the Global Innovation Index 2019 archival data set. The research results were that two of the nine academic-industry collaboration factors, academic knowledge transfer and gross expenditures on research and development financed abroad, were found to be significantly related to the number of new products firms generated. The study findings may enable small and midsized-enterprise senior manufacturing managers to reallocate resources to achieve greater levels of green product innovation. The implications for positive social change are filling a quantitative research gap on the most significant generic academic-industry collaboration factors for reducing green product innovation failure could further benefit small and midsized-enterprise senior manufacturing managers.Success Factors Linking New Environmental Products With Academic Knowledge and Firm Knowledge Partnerships: An Examination of Biosurfactant Decision-Making Complexity

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