| Type: | Article | |
| Title: | Integrating a Business Industry Advisory Board within the Triple Helix Framework | PDF Article |
| Author: | Rita Day | |
| On-line: | 30 December 2024 | |
| Metrics: | Applied Business: Issues & Solutions 4(2024)5-9 - ISSN 2783-6967. | |
| DOI: | 10.57005/ab.2024.4.2 | |
| URL: | http://www.applied-business-solutions.eu/h24/2024_4_2.html | |
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| Abstract. | The Triple Helix Model of Innovation, which emphasises the dynamic interactions between academia, industry, and government, offers a powerful framework for fostering innovation and economic development. Embedding a Business Industry Advisory Board (BIAB) within this model can enhance collaboration, ensure alignment with market needs, and provide a strategic platform for knowledge transfer. A BIAB typically consists of industry leaders, business experts, and policymakers who advise academic institutions on curriculum development, research agendas, and engagement with industry trends. This advisory board can bridge universities, or business colleges and the business sector, ensuring that academic output is aligned with real-world challenges and opportunities. In the context of the Triple Helix, integrating a BIAB strengthens the industry pillar by deepening its connection with academia and government, creating a feedback loop that benefits all three elements. Thus enabling, better decisionmaking, a more informed strategic plan, and ultimately enhancing the student-centred approach to academia. | |
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| JEL: | M16 | |
| Keywords: | Triple Helix Model; Collaboration; Curriculum; Industry; Innovation; Opportunities; Policymakers. | |
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| Citation: | Rita Day (2024). Integrating a Business Industry Advisory Board within the Triple Helix Framework. Applied Business: Issues & Solutions 4(2024)5-9. - ISSN 2783-6967. | |
| https://doi.org/10.57005/ab.2024.4.2 | ||
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| References. |
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