Prabandhan: Indian Journal of Management

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Critical Factors to Technology Development in Indian Academia : An ISM-MICMAC Approach


Affiliations
1 Research Scholar, Amity Business School, Amity University, Sector - 125, Noida - 201 313, Uttar Pradesh, India
2 Professor - Leadership, Entrepreneurship, and IT and Vice-Chancellor, Amity University, Sector - 125, Noida - 201 313, Uttar Pradesh, India
3 Managing Director, Foundation for Innovation and Technology Transfer, Indian Institute of Technology Delhi (IIT Delhi), Hauz Khas, New Delhi - 110 016, India
     

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The significance of research translation and technology transfer in academia is getting increasing attention for the greater public interest. Besides, the successful transfer of knowledge to augment a university’s outreach mission is in a large measure driven by R&D outcomes, more particularly, in terms of developed technologies. It thus becomes worthwhile to analyze the factors that enable technology development in academia. This objective remains a gap in extant literature. Therefore, this study aimed to identify the enabling factors of technology development in the university ecosystem and to examine their interrelationships. An interpretive structural modelling (ISM) technique was applied to identify the interrelationship among factors. Further, MICMAC analysis was applied to identify the driving and dependent enabling factors. Our findings revealed that top management’s leadership and visionary approach ; research mission ; strategy & culture ; adequate research infrastructure ; and intramural funding for research, development, and innovation-related activities are the key driving factors to technology development in academia. This study will be useful for the managers and decision-makers to comprehend the relationship between technology development enablers and framing the institutional policies and strategies.

Keywords

academia, ISM, MICMAC, research translation, technology development, technology transfer, universities

JEL Classification Codes : C65, I23, O32

Paper Submission Date : August 20, 2021 ; Paper sent back for Revision : February 10, 2022 ; Paper Acceptance Date : March 17, 2022 ; Paper Published Online : May 15, 2022

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  • Critical Factors to Technology Development in Indian Academia : An ISM-MICMAC Approach

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Authors

Meenakshi Kanojia
Research Scholar, Amity Business School, Amity University, Sector - 125, Noida - 201 313, Uttar Pradesh, India
Balvinder Shukla
Professor - Leadership, Entrepreneurship, and IT and Vice-Chancellor, Amity University, Sector - 125, Noida - 201 313, Uttar Pradesh, India
Anil Wali
Managing Director, Foundation for Innovation and Technology Transfer, Indian Institute of Technology Delhi (IIT Delhi), Hauz Khas, New Delhi - 110 016, India

Abstract


The significance of research translation and technology transfer in academia is getting increasing attention for the greater public interest. Besides, the successful transfer of knowledge to augment a university’s outreach mission is in a large measure driven by R&D outcomes, more particularly, in terms of developed technologies. It thus becomes worthwhile to analyze the factors that enable technology development in academia. This objective remains a gap in extant literature. Therefore, this study aimed to identify the enabling factors of technology development in the university ecosystem and to examine their interrelationships. An interpretive structural modelling (ISM) technique was applied to identify the interrelationship among factors. Further, MICMAC analysis was applied to identify the driving and dependent enabling factors. Our findings revealed that top management’s leadership and visionary approach ; research mission ; strategy & culture ; adequate research infrastructure ; and intramural funding for research, development, and innovation-related activities are the key driving factors to technology development in academia. This study will be useful for the managers and decision-makers to comprehend the relationship between technology development enablers and framing the institutional policies and strategies.

Keywords


academia, ISM, MICMAC, research translation, technology development, technology transfer, universities

JEL Classification Codes : C65, I23, O32

Paper Submission Date : August 20, 2021 ; Paper sent back for Revision : February 10, 2022 ; Paper Acceptance Date : March 17, 2022 ; Paper Published Online : May 15, 2022


References





DOI: https://doi.org/10.17010/pijom%2F2022%2Fv15i5%2F169578