Measuring Unmeasurable(s): Addressing Non-Financial Impact of Academic Research, Created and Gained Through Knowledge Exchange

Farjoo, Mohammadali (2025) Measuring Unmeasurable(s): Addressing Non-Financial Impact of Academic Research, Created and Gained Through Knowledge Exchange. IEEE Engineering Management Review, 53 (5). pp. 52-57.

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DOI: 10.1109/EMR.2024.3523582

View at Publisher Website: https://doi.org/10.1109/EMR.2024.3523582

Abstract

The evolving role of universities has transitioned from an egalitarian education system suited for individuals, merely pursuing knowledge and education, fostering social bonds as Humbolt suggested "Bildung"(the German word for education/formation) [1], to an organization that creates multifaceted commercial, social, environmental, and cultural impacts. Technology Transfer Offices (TTOs) play a crucial role in translating research into impactful societal benefits, yet defining, measuring, and addressing non-financial impacts remains challenging. This article investigates the importance of non-financial impacts, such as social, cultural, and environmental contributions, and suggests a practical model the author employs to visualize, assess, and address these impacts.


Item ID:	87345
Item Type:	Article (Research - C1)
ISSN:	1937-4178
Keywords:	Commercialization, Knowledge Exchange (KE), Quality Management Systems (QMS), Research Impact, Strategy, Technology Transfer
Copyright Information:	© 2024 IEEE.
Date Deposited:	13 Nov 2025 03:41
FoR Codes:	46 INFORMATION AND COMPUTING SCIENCES > 4609 Information systems > 460912 Knowledge and information management @ 100%
SEO Codes:	16 EDUCATION AND TRAINING > 1699 Other education and training > 169999 Other education and training not elsewhere classified @ 100%
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