Academic entrepreneurial engagement for frugal innovation in higher education institutions: a systematic literature review.

ABSTRACT: Higher education institutions (HEI) are faced with increasing challenges related to shrinking resources, high operation costs, the COVID-19 pandemic, decreasing student enrolment rates, and pressure to contribute to regional development and economic growth. To overcome such challenges, academics must move beyond their traditional functions of research and teaching and engage in entrepreneurial activities. Through engagement in entrepreneurial activities, academics can contribute to frugal innovation (FI) in private HEI (PHEI). The literature in this context emphasizes that academic entrepreneurial engagement (AEE) will lead to innovation, the identification of opportunities for new business ventures, financial rewards for institutions and academics, an impact on the economy, and the enhanc

SUBMITTER: Toyin Ojo O 

PROVIDER: S-EPMC10427802 | biostudies-literature | 2021

REPOSITORIES: biostudies-literature