Description
Measuring the Social Value of Innovation provides a comprehensive framework for evaluating the societal impact of university-driven technological advancement and entrepreneurial initiatives. Gary D. Libecap explores the complex relationships between academic research, technology transfer mechanisms, and entrepreneurial ventures, offering insights into how universities contribute to economic development and social welfare.
The book addresses a critical gap in understanding how to quantify and assess the value generated through knowledge commercialization and startup creation. It examines various metrics and methodologies for capturing both tangible and intangible benefits that flow from university innovation ecosystems. Libecap’s analysis provides valuable perspectives for policymakers, university administrators, and innovation scholars seeking to understand and optimize the social returns on research investments.
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