Open AccessThe Need for a University Start-up Framework for Commercialisation of Intellectual Property Rights (IPR): A Malaysia Perspective
Author(s) -
Noor Hidayah Shahidan,
Ahmad Shaharudin Abdul Latif,
Sazali Abdul Wahab
Publication year - 2019
Publication title -
sustainable business and society in emerging economies
Language(s) - English
Resource type - Journals
eISSN - 2708-2504
pISSN - 2708-2172
DOI - 10.26710/sbsee.v1i2.1112
Subject(s) - intellectual property , context (archaeology) , originality , government (linguistics) , business , value (mathematics) , perspective (graphical) , public relations , marketing , political science , qualitative research , sociology , social science , paleontology , linguistics , philosophy , machine learning , artificial intelligence , computer science , law , biology
Purpose: There is only 8% of Intellectual Property Rights (IPR) produced by the universities in Malaysia is being commercialized, therefore there is a need to increase the success rate of university start-up for sustainable income’s generation by the universities. The aim of this paper is to review the need for a university start-up framework especially for Malaysian universities, which would facilitate the commercialisation initiatives.
Design/Methodology/Approach: Review of literatures, which was comprised of articles in the field of management, technology transfer, social and behavioral sciences as well as reports from Malaysian government agencies and commercialisation policies of 11 Malaysian universities. Qualitative content analysis method was used to analyze the commercialisation policies by 11 Malaysian universities.
Findings: This paper reviews issues and challenges of IPR commercialisation from the perspective of academic researchers and industry, issues related to university start-up in the context of Malaysia and the need for a university start-up framework for commercialisation of IPR.
Implications/Originality/Value:
This paper is amongst the first to highlight on the issues of university start-up as a commercialisation vehicle in the context of Malaysia.