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Title: | The three pointers of research and development (R&D) for growth-boosting sustainable innovation system |
Authors: | Sarpong, D Boakye, D Ofosu, G Botchie, D |
Keywords: | research and development (R&D);sustainability;innovation;talent;learning institutions |
Issue Date: | 13-Jun-2022 |
Publisher: | Elsevier |
Citation: | Sarpong, D., Boakye, D., Ofosu, G. and Botchie, D. (2022) 'The three pointers of research and development (R&D) for growth-boosting sustainable innovation system', Technovation, 122, 102581, pp. 1 - 9. doi: 10.1016/j.technovation.2022.102581. |
Abstract: | Copyright © 2022 The Authors. Research and development (R&D) is frequently touted and labelled as the fundamental engine for creating sustainable innovations and achieving climate transitions. Yet, recent R&D efforts have struggled to live up to the widespread life-altering results they delivered in the 1960s when the term R&D was coined. In our attempt to address this concern, we propose a sustainability pathway model to achieving an economically viable innovation system that is anchored in three important pointers of R&D which have long been viewed as mutually distinct components in R&D budgets—investment, talent, and learning institutions. Directing attention to the pervasive need to align R&D investments with talents and learning institutions, we delineate how these pointers of R&D coming together to constitute a trivalent force may drive a growth-boosting sustainable innovation system. While there is no simple recipe which suggests an optimal combination of new scientific understanding, technologies, and process that could help produce the much-needed innovations and technological change, we present a set of propositions that highlights opportunities for reflection on existing R&D investment strategies and serves as a bridge to connect the emergent scholarship on sustainability with the intellectual traditions of R&D in innovation management. |
URI: | https://bura.brunel.ac.uk/handle/2438/24803 |
DOI: | https://doi.org/10.1016/j.technovation.2022.102581 |
ISSN: | 0166-4972 |
Other Identifiers: | 102581 ORCID iDs: David Sarpong https://orcid.org/0000-0002-1533-4332; David Botchie https://orcid.org/0000-0002-2776-6941. |
Appears in Collections: | Brunel Business School Research Papers |
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FullText.pdf | Copyright © 2022 The Authors. Published by Elsevier Ltd. This is an open access article under the CC BY license (https://creativecommons.org/licenses/by/4.0/). | 1.93 MB | Adobe PDF | View/Open |
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