Commercialization of NTU “KhPI” innovations with digital marketing tools in the experience economy
- Details
- Category: Content №1 2025
- Last Updated on 25 February 2025
- Published on 30 November -0001
- Hits: 55
Authors:
A.P.Marchenko, orcid.org/0000-0001-9746-4634, National Technical University “Kharkiv Polytechnic Institute”, Kharkiv, Ukraine, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
R.V.Kryvobok, orcid.org/0000-0002-2334-4434, National Technical University “Kharkiv Polytechnic Institute”, Kharkiv, Ukraine, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Y.L.Tataryntseva*, orcid.org/0000-0003-2910-9280, National Technical University “Kharkiv Polytechnic Institute”, Kharkiv, Ukraine, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
O.M.Lapuzina, orcid.org/0000-0001-8764-0251, National Technical University “Kharkiv Polytechnic Institute”, Kharkiv, Ukraine, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
* Corresponding author e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Naukovyi Visnyk Natsionalnoho Hirnychoho Universytetu. 2025, (1): 117 - 124
https://doi.org/10.33271/nvngu/2025-1/117
Abstract:
Purpose. Formation of theoretical and methodological approaches to the definition of effective tools for the commercialization of university startups based on taking into account the emotional aspect of interaction with consumers and investors.
Methodology. The methodological basis of the study was the modern achievements obtained in the field of innovative theory and the conceptual foundations of the economy of impressions. The following methods of scientific research were used as specific research tools: a systematic approach, based on which the place of the concept of the economy of impressions in the process of commercialization of startups in the university environment was determined; generalization and systematization – when determining the benchmarks of consumer behavior in relation to innovations and motivational mechanisms of innovative activity in the business sector; comparative analysis – when distinguishing the peculiarities of startups of NTU “KhPI” and Stanford University; analysis and synthesis – when distinguishing the directions of using impression marketing at different stages of the startup’s development.
Findings. The article proposes a new perspective on the commercialization process of university-based startups through the lens of the experience economy concept. Six key stages of startup development are identified: idea, incubation, prototype development, promotion, servicing, and scaling. The components of the university’s sustainable innovation ecosystem are characterized, including the Spark startup center, the research and development unit, the technology park, as well as external and internal events that facilitate the commercialization of innovative projects. The study highlights that digital marketing, with an emphasis on its emotional aspect, plays a crucial role in engaging both consumers and investors at every stage of commercialization. Specific digital marketing tools, such as social media platforms, webinars, interactive content, and personalized advertising campaigns, are explored for their ability to enhance audience engagement and foster an emotional connection with the product. Key sources of startup funding are identified, including consumer sales, investor contributions, and grant programs.
Originality. An improved theoretical and methodological approach is formed to determining the directions of commercialization of university startups, which, unlike the existing ones, involves taking into account the emotional aspect of the interaction of the subjects of innovative activity and influencing their behavior through digital marketing tools.
Practical value. The proposed recommendations for using the concept of economics of impressions in the commercialization of startups can be the basis for developing strategies for promoting new products and services. The use of emotional marketing at different stages of startup development, such as incubation and scaling, will provide competitive advantages, facilitating better adaptation of startups to market conditions and consumer requests. The results of the study can be used in the practice of universities to support startups, as well as in entrepreneurship training programs.
Keywords: experience economy, digital marketing, commercialization of innovation, startups, innovative university ecosystem
References.
1. Aksoy, A. Y., & Beaudry, C. (2021). How are companies paying for university research licenses? Empirical evidence from university-firm technology transfer. Journal of Technology Transfer, 46(6), 2051-2121. https://doi.org/10.1007/s10961-020-09838-x.
2. Hall, R. (2021). Students as partners in university innovation and entrepreneurship. Education + Training, 63(7/8), 1114-1137. https://doi.org/10.1108/ET-01-2021-0003.
3. Hall, R., & Lulich, J. (2021). University strategic plans: What they say about innovation. Innovative Higher Education, 46(3), 261-284. https://doi.org/10.1007/s10755-020-09535-5.
4. Labib, H., & Ezzat, M. (2021). Entrepreneurial universities. In Proceedings of the 30 th International Conference of the International Association for Management of Technology, (pp. 1393-1402). Cairo, Virtual. https://doi.org/10.52202/060557-0109.
5. Liang, W., Elrod, S., McFarland, D., & Zou, J. (2022). Systematic analysis of 50 years of Stanford University technology transfer and commercialization. Patterns, 3(9), 100584. https://doi.org/10.1016/j.patter.2022.100584.
6. Neumeyer, X., & Chen, S. (2021). Towards a holistic view of technology commercialization. In 2021 IEEE Technology & Engineering Management Conference – Europe (TEMSCON-EUR), (pp. 1-6). Dubrovnik, Croatia. https://doi.org/10.1109/TEMSCON-EUR52034.2021.9488573.
7. Gómez-Baquero, F. (2023). Experimentation in academic technology commercialization. In M. A. Bader & S. Süzeroğlu-Melchiors (Eds.). Intellectual property management for start-ups, (pp. 14-28). Springer, Cham. https://doi.org/10.1007/978-3-031-16993-9_14.
8. Kovaliuk, T., & Kobets, N. (2021). The concept of an innovative educational ecosystem of Ukraine in the context of the approach “Education 4.0 for Industry 4.0”. CEUR Workshop Proceedings, 3013, 106-120. https://doi.org/10.1016/10.1109/E-TEMS51171.2021.9524864.
9. Kirchberger, M. A., & Pohl, L. (2016). Technology commercialization: A literature review of success factors and antecedents across different contexts. Journal of Technology Transfer, 41(5), 1077-1112. https://doi.org/10.1007/s10961-016-9486-3.
10. Thompson, C. L., Misko, T. A., & Chance, M. R. (2022). Training the next generation of translational scientists: The Case Western Reserve University Translational Fellows Program. Journal of Clinical and Translational Science, 6(1), e47. https://doi.org/10.1017/cts.2022.390.
11. Gupta, V. (2023). Integrating ideation and hackathons for business model innovation: 360-degree approach. In Innovation mechanisms in start-ups, (pp. 7-20). Springer, Cham. https://doi.org/10.1007/978-3-031-19741-3_7.
12. Amry, D., Ahmad, A., & Lu, D. (2022). Factors enabling student start-ups to commercialize scientific research for demonstrating social impact. Proceedings of the 17 th European Conference on Innovation and Entrepreneurship, 17(1). https://doi.org/10.34190/ecie.17.1.835.
13. Schaufeld, J. (2022). Commercializing growth: Connecting valuation with management and governance methodologies. Apress Media LLC. https://doi.org/10.1007/978-1-4842-7502-3.
14. Kruachottikul, P., Dumrongvute, P., Tea-makorn, P., Santhaya, K., & Arisara, A. (2023). New product development process and case studies for deep-tech academic research to commercialization. Journal of Innovation and Entrepreneurship, 12, 48. https://doi.org/10.1186/s13731-023-00311-1.
15. Yassine, M., Elyoussoufi Attou, O., & Arouch, M. (2024). Moroccan public universities confronting the challenge of patent valorization: Potentialities and realities. Salud, Ciencia y Tecnología, 4, 1001. Retrieved from https://sct.ageditor.ar/index.php/sct/article/view/751.
16. Gontareva, I., Litvinov, O., Hrebennyk, N., Nebaba, N., Litvinova, V., & Chimshir, A. (2022). Improvement of the innovative ecosystem at universities. Eastern-European Journal of Enterprise Technologies, 1(13), 59-68. https://doi.org/10.15587/1729-4061.2022.251799.
17. Guindalini, C., Verreynne, M., & Kastelle, T. (2021). Taking scientific inventions to market: Mapping the academic entrepreneurship ecosystem. Technological Forecasting and Social Change, 173, 121144. https://doi.org/10.1016/j.techfore.2021.121144.
18. Misso, A., Rwegasira, D., Ismail, M., Mkocha, K., Shayo, E., & Maziku, H. (2024). Enhancing entrepreneurial skills in higher learning institutions: A case study of the University of Dar es Salaam’s ICT innovation hubs. In 2024 IST-Africa Conference, (pp. 1-12). Dublin, Ireland. https://doi.org/10.23919/IST-Africa63983.2024.10569938.
19. Marx, M., & Hsu, D. H. (2021). Revisiting the entrepreneurial commercialization of academic science: Evidence from “twin” discoveries. Management Science, 68(2), 1330-1352. https://doi.org/10.1287/mnsc.2021.3966.
20. Tataryntseva, Y. (2024). Managing digital marketing in the experience economy: theory and practice: monograph. Kharkiv: NTU “KhPI”. Retrieved from https://repository.kpi.kharkov.ua/items/ad6c88c9-5fd1-442b-bc1c-be7e558ddbdf.
21. Yastremska, O. O. (2024). Theoretical and methodological basis of the phenomenon of experience economy. Problems of the economy, 2, 231-239. https://doi.org/10.32983/2222-0712-2024-2-231-239.
22. Tataryntseva, Y., & Kryvobok, R. (2024). Defining patterns in the implementation of digital marketing of innovative products in order to improve the level of financial results. Eastern-European Journal of Enterprise Technologies, 4.13(130), 110-117. https://doi.org/10.15587/1729-4061.2024.309385.
23. Tataryntseva, Y., Pushkar, O., Druhova, O., Osypova, S., & Mordovtsev, O. (2022). Economic evaluation of digital marketing management at the enterprise. Eastern-European Journal of Enterprise Technologies, 2(13), 116. https://doi.org/10.15587/1729-4061.2022.254485.
24. Pine, J. B., & Gilmore, J. H. (2021). Economy of impressions: the battle for the client’s time, attention and money. Vivat. Retrieved from https://vivat.com.ua/product/ekonomika-vrazhenbytva-za-chas-uvahu-ta-hroshi-kliyenta/.
25. Živojinović, I., Weiss, G., Wilding, M., Wong, J. L., & Ludvig, A. (2020). Experiencing forest products – An innovation trend by rural entrepreneurs. Land Use Policy, 94, 104506. https://doi.org/10.1016/j.landusepol.2020.104506.
26. Pererva, P., Ievsieiev, A., Maslak, M., Tkachov, M., & Tkachova, N. (2024). Formation of intellectual property commercialization strategies. Eastern-European Journal of Enterprise Technologies, 1(13(127)), 80-91. https://doi.org/10.15587/1729-4061.2024.296836.
27. Kale, D., Srinivas, S., Banda, G., Mackintosh, M., Njeru, M. K., & Makene, F. S. (2024). Emerging business models in cancer diagnostic startups in India and lessons for African countries. Cancer care in pandemic times: Building inclusive local health security in Africa and India, (pp. 9-24). Palgrave Macmillan. https://doi.org/10.1007/978-3-031-44123-3_9.
Newer news items:
- Foreign economic activities of Ukrainian ferrous metallurgy enterprises in the conditions of crisis - 25/02/2025 12:56
- Human capital as a driver of the formation of Ukraine’s competitive advantages in the post-war period - 25/02/2025 12:56
- Talent management: a strategic priority for developing the enterprise’s intellectual potential in digitalization - 25/02/2025 12:56
- The impact of educational development on the countries’ competitiveness in the knowledge economy - 25/02/2025 12:56
- Methodology of comprehensive diagnostics of technical educational and scientific cluster management risks - 25/02/2025 12:56
- Innovations in the defense-industrial complex: current status and development prospects - 25/02/2025 12:56
Older news items:
- Systems engineering design and development of universal die set for hydraulic presses - 25/02/2025 12:56
- FoSDeT: a new hybrid machine learning model for accurate and fast detection of IoT botnet - 25/02/2025 12:56
- Technology for determining weight coefficients of components of information security - 25/02/2025 12:56
- Research on the effectiveness of using LSTM architecture in modeling the cognitive process of recognition - 25/02/2025 12:56
- Automatic compensation of the mill roll eccentricity in terms of limited speed of hydraulic compression devices - 25/02/2025 12:56
- Environmental factors for land use restrictions establishment in Ukraine - 25/02/2025 12:56
- Study of the effectiveness of extinguishing model fires of coniferous and deciduous wood - 25/02/2025 12:56
- Environmental safety assessment of soils in Khmelnytskyi region based on chemical composition and acidity analysis - 25/02/2025 12:56
- Impact of power electronics devices on leakage current in mine electrical systems: a case study in Vietnam - 25/02/2025 12:56
- Static continuous bulk material model for inclined bunker section - 25/02/2025 12:56