Fostering open innovation and academia-industry alliance for fostering biotechnology education in USA: The role of commercialization and knowledge transfer

Abstract

The present study seeks to analyze biotechnology education through open innovation and academia-industry alliance. The mediation of knowledge transfers and commercialization was also observed in this regard. To determine the causal association among variables, the researcher has implemented a “quantitative design approach.” Questionnaires were disbursed among the target audience based on which further analysis was conducted. Data was analyzed through smart-PLS. Results indicated that the open innovation insignificantly impacts biotechnology education, whereas the association between academic-industry alliance and biotechnology education was significant. When the mediation (indirect results) was analyzed, it was observed that collaboration is a significant mediator between academic-industry alliance and biotechnology education. Collaboration was an insignificant mediator between open innovation and biotechnology education. Mediation of knowledge transfer was also insignificant between the open-innovation, academia-industry alliance, and biotechnology education. This study holds numerus theoretical implications along with practical insights. The research limitations and future indications have also been addressed by the researcher.