Reshaping Higher Educational Institutions through Frugal Open Innovation
Summary. Private higher education institutions face financial stress and competitive pressure. This study finds that these institutions can achieve frugal open innovation by leveraging intangible assets like intellectual capital and IT capabilities rather than relying solely on tangible assets. The research identifies five main challenges—structural, operational, financial, social, and technological—and proposes that sales and operating planning can address them, enabling universities to integrate better with industry and communities while improving operational efficiency.
Cite this article
Jayabalan, J., Dorasamy, M., & Raman, M.. (2021). Reshaping Higher Educational Institutions through Frugal Open Innovation. Journal of Open Innovation Technology Market and Complexity. https://doi.org/10.3390/joitmc7020145
Jayabalan, Jayamalathi, et al. “Reshaping Higher Educational Institutions through Frugal Open Innovation.” Journal of Open Innovation Technology Market and Complexity, 2021. https://doi.org/10.3390/joitmc7020145.
Jayabalan, Jayamalathi, Magiswary Dorasamy, and Murali Raman. 2021. “Reshaping Higher Educational Institutions through Frugal Open Innovation.” Journal of Open Innovation Technology Market and Complexity. https://doi.org/10.3390/joitmc7020145.
@article{jayabalan-2021-reshaping-higher-educational-institutions-frugal,
title = {Reshaping Higher Educational Institutions through Frugal Open Innovation},
author = {Jayamalathi Jayabalan and Magiswary Dorasamy and Murali Raman},
journal = {Journal of Open Innovation Technology Market and Complexity},
year = {2021},
doi = {10.3390/joitmc7020145},
url = {https://doi.org/10.3390/joitmc7020145}
}
TY - JOUR TI - Reshaping Higher Educational Institutions through Frugal Open Innovation AU - Jayamalathi Jayabalan AU - Magiswary Dorasamy AU - Murali Raman JO - Journal of Open Innovation Technology Market and Complexity PY - 2021 DO - 10.3390/joitmc7020145 UR - https://doi.org/10.3390/joitmc7020145 ER -
Details
- DOI
- 10.3390/joitmc7020145
- Countries
- Malaysia
- Regions
- Asia
- Categories
- education, innovation-theory, general-innovation
- Added
- 2026-04-28