Commercialisation challenges of European collaborative innovation projects addressing silver markets

Minna Isomursu, Arto Wallin, Martin Jaekel

Research output: Contribution to journalArticleScientificpeer-review

1 Citation (Scopus)

Abstract

This paper analyses commercialisation challenges faced by collaborative innovation projects addressing the needs of silver markets. The findings are based on a case study exploring projects collaborating in the context of Ambient Assisted Living Joint Programme. The program supports research, development, innovation and adoption of ICT-based solutions designed for older adults and their environment. Primary data collection method was business development workshops with 117 participants from 50 different projects. We conclude that public funding frameworks can be effective in initiating and facilitating formation of new collaboration networks required for commercialisation. However, our analysis shows that collaborative innovation presents challenges for the successful commercialisation of project results. Involved funding organisations could hence take a stronger role in supporting collaborations by creating conditions favourable for commercialisation, and providing tools and methods for solving market entry challenges. The paper provides original contribution in analysing commercialisation challenges faced by public-private partnership innovation programs.
Original languageEnglish
Pages (from-to)300-321
JournalInternational Journal of Business Innovation and Research
Volume10
Issue number2-3
DOIs
Publication statusPublished - 2016
MoE publication typeA1 Journal article-refereed

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Silver
Innovation
Commercialization
Industry

Keywords

  • ambient assisted living
  • collaborative innovation
  • commercialisation challenges
  • market entry
  • public-private partnership
  • research collaboration
  • silver markets
  • technology transfer

Cite this

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Commercialisation challenges of European collaborative innovation projects addressing silver markets. / Isomursu, Minna; Wallin, Arto; Jaekel, Martin.

In: International Journal of Business Innovation and Research, Vol. 10, No. 2-3, 2016, p. 300-321.

Research output: Contribution to journalArticleScientificpeer-review

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