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 language | English |
---|---|
Pages (from-to) | 300-321 |
Journal | International Journal of Business Innovation and Research |
Volume | 10 |
Issue number | 2-3 |
DOIs | |
Publication status | Published - 2016 |
MoE publication type | A1 Journal article-refereed |
Keywords
- ambient assisted living
- collaborative innovation
- commercialisation challenges
- market entry
- public-private partnership
- research collaboration
- silver markets
- technology transfer