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

Citation

Ojo, Oluwayomi Toyin and Dorasamy, Magiswary and Migin, Melissa Wendy and Jayabalan, Jayamalathi and R., Rajeswari and Tung, Soon Seng (2023) Academic entrepreneurial engagement for frugal innovation in higher education institutions: a systematic literature review. F1000Research, 10. p. 1078. ISSN 2046-1402

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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 enhancement of social welfare. This study presents a systematic review of the literature and adopts the Transfield five-phase strategy to review the literature on AEE from the past two decades (2000–2020). A total of 1,067 papers on FI are obtained, only five of which focus on AEE. Moreover, papers related to AEE for FI are few. The study presents the research gaps, challenges, and potential factors for further research in this context. We conclude that FI for AEE in PHEI can be a game-changer for future sustainability. Moreover, we believe that the outcome of this review warrants further research.

Item Type: Article
Uncontrolled Keywords: Academic entrepreneurial engagement, higher education institutions, Frugal innovation, Malaysia, Private university, Sustainability, Game changer, Systematic literature review
Subjects: L Education > LB Theory and practice of education > LB2300 Higher Education
Divisions: Faculty of Management (FOM)
Depositing User: Ms Nurul Iqtiani Ahmad
Date Deposited: 21 Feb 2024 04:52
Last Modified: 21 Feb 2024 04:52
URII: http://shdl.mmu.edu.my/id/eprint/12091

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