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Academic entrepreneurship: promoting economic and societal developments
Adisa, Toyin ; Adekoya, Olatunji David ; Abdulraheem, Issa ;
Adisa, Toyin
Adekoya, Olatunji David
Abdulraheem, Issa
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2023-03-24
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Abstract
This chapter explores how academic entrepreneurship contributes to economic and societal development. Using an integrative review approach, the chapter provides a synthesis of the literature on academic entrepreneurship by examining how higher education institutions’ entrepreneurial activities, through the commercialisation of their core roles (teaching and research), lead to socioeconomic development. The chapter presents its results in the context of three overarching themes concerning the main theories related to academic entrepreneurship as a wellspring for economic development and as a propellant of societal development. Ultimately, the findings reveal that entrepreneurial universities can significantly improve socioeconomic development by creating technology transfer offices, developing knowledge sharing, creating job opportunities, promoting effective ecosystems, and building social capital and social networking opportunities. Implications and agendas for future research are also provided.
Citation
Adisa, T.A., Adekoya, O.D., Abdulraheem, I. and Sani, K.F. (2023) Academic Entrepreneurship: Promoting Economic and Societal Developments. In I. Abdulraheem & T. A. Adisa (Eds) Academic Entrepreneurship in Nigeria: A Book of Reading (pp. 113-140) University of Abuja Press: Nigeria
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en
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This is an author's accepted manuscript of a chapter published by University of Abuja Press. For re-use please see the publisher's terms and conditions.