Title An Intellectual Capital framework to measure universities' third mission activities
Authors Secundo G., ELENA PÉREZ, SUSANA, Martinaitis Ž., Leitner K.H., ELENA PÉREZ, SUSANA
External publication No
Means Technol. Forecast. Soc. Chang.
Scope Article
Nature Científica
JCR Quartile 1
SJR Quartile 1
JCR Impact 3.12900
SJR Impact 1.38000
Area International
Web https://www.scopus.com/inward/record.uri?eid=2-s2.0-85009807599&doi=10.1016%2fj.techfore.2016.12.013&partnerID=40&md5=db19b3ccc0964283e9202da1c0d0672a
Publication date 01/01/2017
ISI 000412611700023
Scopus Id 2-s2.0-85009807599
DOI 10.1016/j.techfore.2016.12.013
Abstract Third mission activities of universities are related to the generation, use, application and exploitation of knowledge with external stakeholders and society in general. Third mission cannot be considered as a residual function but complementary to the other two missions of universities: teaching and research. Performance criteria for measuring the third mission stream of universities have now become crucial. The call for performance measures is also driven by the European policy framework such as the definition of Smart Specialisation strategies (RIS3) which highlight the key the role of universities in regional development. In an attempt to cover this gap, the paper proposes a new conceptual framework based on Intellectual Capital approaches to measure third mission activities of universities. The framework establishes a generic approach for systematically analysing third stream activities in universities. Moving from the third mission goals, it focuses on three interrelated areas: research, i.e. technology transfer and innovation, teaching, i.e. lifelong learning and continuing education, as well as, social engagement in line with regional and national development. A first exploration of the framework in four European universities approaching third mission performance is provided to discuss implementation opportunities. Finally, theoretical and empirical implications are discussed indicating avenues for moving ahead academic research. © 2017 Elsevier Inc.
Keywords Indicators (instruments); Information management; Knowledge management; Regional planning; Societies and institutions; Technology transfer; Conceptual frameworks; European universities; External stake
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