Abstract

Academia focuses on the interplay of Higher Education Institutions and external stakeholders. In this context, academia is concerned with the societal impact and impact created in interactions with external stakeholders; the latter is often referred to as impact co-creation. There is agreement that the related processes leading to an impact are complex and multi-dimensional. However, academics disagree on how the ultimate, wider impact of research should be measured. This study seeks to conceptualize societal impact through the lens of value co-creation, arguing that societal impact is best conceptualized as the uptake of research. Based on this, we developed a generic research impact assessment framework to facilitate evaluations and enable cross-sector learning. This study contributes to academia by providing an overarching understanding of impact creation, including wider research impact, and offers the perspective that any research project involving stakeholders to a certain extent, also entails co-production.

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