Scale development and modeling of intellectual property creation capability in higher education

Abstract

Purpose At present, the contribution of higher educational institutes (HEIs) to economic development and society at large is under constant evaluation. One important parameter that is counted in their performance is generating intellectual capital. To maximize intellectual property (IP) (specifically patents which are considered to have maximum economic value) pool, the purpose of this paper is to conceptualize IP creation capability (IPCC) relevant to higher education. Furthermore, a scale is developed and validated to measure IPCC in Indian HEIs. Design/methodology/approach Both quantitative and qualitative methods were adopted for multi-dimensional scale development. The use of pragmatic approach also complemented exploratory design of the study for exploring relationship and developing a new instrument. The study further maps the connection between constructs of IPCC by proposing a structural model using the partial least squares path modeling method. Findings A significant positive relationship was seen among policy, incentives, research facility, working culture and IPCC subjected to Indian conditions. The findings based on data analysis suggest that incentive has a mediating effect between policy and IPCC. Practical implications Findings of the study could be used for formulating strategies to improve the current state of IP creation in HEIs. The results of the study could also be applied for a better understanding of the IP creation scenario in HEIs of India and similar developing countries. Originality/value This study presents the first endeavor to develop a well-structured scale for measuring IPCC especially in the context of the Indian higher education system. It contributes to research on higher education studies, innovation and IP creation.