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Intellectual capital-based research impact management: a strategic approach to increase regional intellectual capital

Lookup NU author(s): Professor James Cunningham

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This work is licensed under a Creative Commons Attribution 4.0 International License (CC BY 4.0).


Abstract

Purpose: Entrepreneurial universities, through their intellectual capital (IC), can promote the development of a third mission, which involves collaborating with business and societal organizations to create value. Joint research projects are undertaken within entrepreneurial universities leveraging their IC. These generate value for both the academic community and the territory as they generate impact, in terms of regional IC. At the micro level, scientists in the principal investigator (PI) role are influential actors in generating impact and IC that is beneficial for all joint project stakeholders. The purpose of the paper is to address the existing gap in entrepreneurial university literature concerning the impact generation process. Design/methodology/approach: The paper represents a theoretical contribution adopting a deductive approach. Findings: This paper proposes a novel approach to support PIs in entrepreneurial universities in the process of managing innovative initiatives toward IC impact generation. First, we present the IC-based Research Impact Tool (ICRIT) to guide PIs acting as explorative entrepreneurs; then we propose an IC-based Research Impact Report (ICRIR) including some key performance indicators (KPIs) to evaluate impact and IC. Research limitations/implications: The theoretical approach proposed could be developed further. This could be furthered through more empirical studies using initially, for example, comparative cross-country case study research. Originality/value: The paper sheds new light on the importance of the final impact generated by research initiatives, focusing on the crucial role played by PIs and promoting the adoption of an IC-based strategic approach, to maximize the final impact of projects, in terms of regional IC.


Publication metadata

Author(s): Romano M, Cunningham JA, Cuttone G, Munnia A, Nicotra M

Publication type: Article

Publication status: Published

Journal: Journal of Intellectual Capital

Year: 2025

Volume: 26

Issue: 7

Pages: 22-42

Online publication date: 28/01/2025

Acceptance date: 24/07/2024

Date deposited: 25/03/2025

ISSN (print): 1469-1930

ISSN (electronic): 1758-7468

Publisher: Emerald

URL: .doi.org/10.1108/JIC-04-2024-0115

DOI: 10.1108/JIC-04-2024-0115


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Funding

Funder referenceFunder name
European Union - Next Generation EU
GRINS -GrowingResilient,INclusive and Sustainable project(GRINSPE00000018 –CUP E63C22002120006)

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