The Role of Higher Education in the Maturity of Knowledge Commercialization Ecosystem

Knowledge commercialization ecosystem is a concept, which considers a high level of convergence, synergy, participation, and innovation based on the interactions between parties involved in the process. In this paper, the knowledge commercialization ecosystem has been regarded as an open system and the role of higher education in the formation and maturity of it has been conceptualized. This study used a qualitative approach to explore the experiences of the knowledge commercialization experts through case studies. Thirty participants from four large universities of Iran participated in this study. The data was analysed through thematic analysis approach. The results showed that according to the experience and perspective of experts, higher education institutions play a vital role in maturity of knowledge commercialization ecosystem alongside the other institutions. Furthermore, this study explored the intellectual and practical barriers, drivers, vital processes and the concerns of knowledge commercialization. Finally, findings showed that by establishing an effective communication between Triple Helix Partners in Iran, the knowledge commercialization process would be facilitated through breaking down barriers and reducing costs.