Journal of Entrepreneurship Research

Journal of Entrepreneurship Research

Analyzing the Dimensions and Components of Technology Transfer in the Context of Industry 5.0: A Technological Entrepreneurship Approach

Document Type : Research Article

Authors
Arezoo Zamany 1
Abbas Khamseh 2
Sayedjavad Iranbanfard 3
1 Department of Technology Management, Faculty of Management and Economics, Science and Research Branch, Islamic Azad University, Tehran, Iran.
2 Department of industrial management, Karaj Branch, Islamic Azad University, Karaj, Iran.
3 Department of Management, Shiraz Branch, Islamic Azad University, Shiraz, Iran.
10.22034/jer.2024.2025559.1091
Abstract
Introduction: Today, the world is on the verge of a new industrial revolution called Industry 5.0. This new paradigm is based on a combination of advanced technologies, such as artificial intelligence, the Internet of Things, robotics, virtual and augmented reality, and biotechnologies. With the rapid evolution of the Industry 4.0 paradigm and the emergence of the Industry 5.0 vision, there is an urgent need to examine and analyze the factors that facilitate or hinder effective technology transfer processes. Technology transfer refers to the deliberate transfer of knowledge from individuals or organizations that have created it to others so that it can be used to produce new products or deliver services. The present research aims to explore the key dimensions and components affecting technology transfer in the context of Industry 5.0, with a focus on the technological entrepreneurship approach, which is important because technological entrepreneurship plays a pivotal role in driving innovation and transforming scientific achievements into commercialized products and services.
Methodology: The study adopted Sandelowski and Barroso’s qualitative meta-synthesis approach. The process began with a systematic review of 457 initial articles, and ultimately, 28 articles relevant to the research objective were selected. The inclusion criterion was publication in the fields of technological entrepreneurship and Industry 5.0 between 2017 and 2024. The reliability of the findings was assessed by the kappa coefficient (0.72), which indicated acceptable reliability. To validate the proposed model and increase its acceptability, the method of review by experts was utilized. Additionally, the results obtained were validated and reviewed by experts to ensure their confirmability.
Findings: Based on the findings of the meta-synthesis, 55 components were identified within five main dimensions as factors influencing technology transfer within the framework of Industry 5.0 with a technological entrepreneurship approach. They include (1) technological innovation ecosystems, including technological infrastructure, skilled human capital, and free flow of knowledge, (2) agile and flexible business models aligned with rapid technological changes, (3) collaborative partnerships among various actors in the innovation ecosystem, (4) digitalization of processes and data-driven decision-making, and (5) appropriate legal, policy, and supportive frameworks.
Conclusion/ Implications: The results highlight the importance of employing entrepreneurial strategies and approaches in facilitating and shaping technology transfer processes in the Industry 5.0 vision. The results indicate that success in technology transfer in this domain requires holistic attention to infrastructural, commercial, legal, and interactive factors within an integrated innovation ecosystem. By identifying and clarifying the key factors that play a role in successful technology transfer initiatives in the Industry 5.0 domain, this research provides insights and practical guidance for policymakers, technological entrepreneurs, and other stakeholders involved in these processes. These findings can contribute to strengthening technology transfer processes and guiding innovative orientations in the upcoming era of Industry 5.0.
Keywords
Technology
Technology Transfer
Entrepreneurship
Technological Entrepreneurship
Industry 5.0

Subjects

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  • Receive Date 27 March 2024
  • Revise Date 14 April 2024
  • Accept Date 14 April 2024