Abstract
The commercialization of scientific knowledge is playing an increasingly important role within the scientific community and especially for universities worldwide. Since policy makers expect an economic payoff from academic research and universities are faced with declining spending from the public sector, taking on technology transfer constitutes a new major objective of academia. As principal investigators (PIs) embody a key role within this process, scholars develop a growing interest in the unique skill and task set of these scientists. Therefore, this chapter highlights the process of commercialization of scientific knowledge as well as the role and concept of PIs by summarizing the existing strand of literature. Those researchers simultaneously act as project managers, negotiators as well as boundary spanners who bridge the gap between academia and industry. Getting a deeper understanding of the motives of PIs is crucial to provide an efficient infrastructure and facilitate the creation of research avenues fostering industrial innovation.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
