Elias G. Carayannis

Last updated
Elias G. Carayannis
Nationality American
Greek
Citizenship United States
Greece
Alma mater National Technical University of Athens
Rensselaer Polytechnic Institute
Known for Quintuple helix
Scientific career
Fields Innovation economics
Institutions George Washington University School of Business
Website https://business.gwu.edu/elias-g-carayannis

Elias G. Carayannis is a Greek-American economist who is presently a full Professor of Science, Technology, Innovation and Entrepreneurship at the George Washington University School of Business in Washington, D.C.

Contents

He is involved in the areas of "strategic government-university-industry R&D partnerships, technology road-mapping, technology transfer and commercialization, international science and technology policy, technological entrepreneurship and regional economic development". [1] As an engineer with training in management, innovation and entrepreneurship studies, his career has spanned roles as scientist, technologist, innovation economist, and entrepreneur. Notably, in 1999 he became Director of Research on Science, Technology, Innovation and Entrepreneurship of the European Union Research Center (EURC) at the George Washington University School of Business. In 2004, he co-founded and became co-director of the George Washington University School of Business's Global and Entrepreneurial Finance Research Institute (GEFRI). He has published a number of books on entrepreneurialism and science and technology. [2] Carayannis has become most recognized for his work in innovation economics, especially the quadruple helix and quintuple helix frameworks. [1] [3]

Biography

Education

Carayannis earned a Bachelor of Science in Electrical Engineering from the National Technical University of Athens in 1985. In 1990, he completed a Master of Business Administration from the Rensselaer Polytechnic Institute, followed by a PhD in Management of Technology from the Rensselaer Polytechnic Institute in 1994. [4]

Academic career

After obtaining his PhD, Carayannis’s first main academic position was at the Anderson School of Management at the University of New Mexico in Albuquerque, NM, from January 1995 to July 1996, where he was assistant professor. Subsequently, he went to the George Washington University School of Business in Washington, D.C. in 1999. He obtained the rank of associate professor in 1999 and then Full Professor of Science, Technology, Innovation and Entrepreneurship in 2004. [4]

Personal life

Elias G. Carayannis is the only child from a reputable family: father (George) - a well known jurist and judge, and mother (Maria) - a doctor (obstetrician/gynecologist). Elias Carayannis too has one son.

Work

Carayannis has consulted for a number of companies, governmental organizations, and NGOs, specifically those in the technology sector. Among the many organizations he has worked with are, in alphabetical order, Cowen & Co, the European Commission, First Albany International, the General Electric Corporate Training & Development Center, the Inter-American Development Bank, IKED, the National Coalition for Advanced Manufacturing (NACFAM), the National Institute of Standards and Technology Advanced Technology Program, the National Science Foundation Small Business Innovation Research Program, Sandia National Laboratories’ New Technological Ventures Initiative, the US Agency for International Development, the USN CNO Office, and the World Bank. [4]

Research and publications

Carayannis' academic and research interests have been in the area of innovation economics, and he has over one hundred publications bearing his name in both academic and practitioner journals. [2] These publications have spanned such topics as the Quadruple helix and Quintuple helix model, [5] [6]   regional economic development, [7] and science diplomacy. [5] He is also editor-in-chief of a number of book series and journals. [1] These include the Springer Encyclopedia of Creativity, Invention, Innovation and Entrepreneurship, [8] the Palgrave Macmillan book series on Democracy, Innovation and Entrepreneurship for Growth, [9] the Springer 'Journal of Technology, Innovation and Education', [10] the Springer book series on Arts, Research, Innovation and Society, [11] the Springer 'Journal of the Knowledge Economy', [12] the Springer 'Journal of Innovation and Entrepreneurship: A Systems View Across Time and Space', [13] the Edward Elgar book series on Science, Technology, Innovation and Entrepreneurship, [14] the Springer book series on Innovation, Technology, and Knowledge Management, [15] and the Springer Handbook of Cyber Development, Cyber Democracy and Cyber Defense. [16]

Keynote speeches

Carayannis regularly organizes and delivers keynote speeches at knowledge-oriented events. These include:

Related Research Articles

<span class="mw-page-title-main">Joseph Schumpeter</span> Austrian-born political economist (1883–1950)

Joseph Alois Schumpeter was a Moravian-born political economist. He served briefly as Finance Minister of German-Austria in 1919. In 1932, he emigrated to the United States to become a professor at Harvard University, where he remained until the end of his career, and in 1939 obtained American citizenship.


The knowledge economy is an economic system in which the production of goods and services is based principally on knowledge-intensive activities that contribute to advancement in technical and scientific innovation. The key element of value is the greater dependence on human capital and intellectual property for the source of the innovative ideas, information and practices. Organisations are required to capitalise this "knowledge" into their production to stimulate and deepen the business development process. There is less reliance on physical input and natural resources. A knowledge-based economy relies on the crucial role of intangible assets within the organisations' settings in facilitating modern economic growth.

<span class="mw-page-title-main">Science park</span> Area designed to promote science or technology business development

A science park is defined as being a property-based development that accommodates and fosters the growth of tenant firms and that is affiliated with a university based on proximity, ownership, and/or governance. This is so that knowledge can be shared, innovation promoted, technology transferred, and research outcomes progressed to viable commercial products. Science parks are also often perceived as contributing to national economic development, stimulating the formation of new high-technology firms, attracting foreign investment and promoting exports.

Democratic capitalism, also referred to as market democracy, is a political and economic system. It integrates resource allocation by marginal productivity, with policies of resource allocation by social entitlement. The policies which characterise the system are enacted by democratic governments.

The concept of the innovation system stresses that the flow of technology and information among people, enterprises, and institutions is key to an innovative process. It contains the interactions between the actors needed in order to turn an idea into a process, product, or service on the market.

A knowledge productionmode is a term from the sociology of science which refers to the way (scientific) knowledge is produced. So far, three modes have been conceptualized. Mode 1 production of knowledge is knowledge production motivated by scientific knowledge alone which is not primarily concerned by the applicability of its findings. Mode 1 is founded on a conceptualization of science as separated into discrete disciplines. Mode 2 was coined in 1994 in juxtaposition to Mode 1 by Michael Gibbons, Camille Limoges, Helga Nowotny, Simon Schwartzman, Peter Scott and Martin Trow. In Mode 2, multidisciplinary teams are brought together for short periods of time to work on specific problems in the real world for knowledge production in the knowledge society. Mode 2 can be explained by the way research funds are distributed among scientists and how scientists focus on obtaining these funds in terms of five basic features: knowledge produced in the context of application; transdisciplinarity; heterogeneity and organizational diversity; social accountability and reflexivity; and quality control. Subsequently, Carayannis and Campbell described a Mode 3 knowledge in 2006.

Zoltan J. Acs is an American economist. He is Professor of Management at The London School of Economics (LSE), and a professor at George Mason University, where he teaches in the Schar School of Policy and Government and is the Director of the Center for Entrepreneurship and Public Policy. He is also a visiting professor at Imperial College Business School in London and affiliated with the University of Pecs in Hungary. He is co-editor and founder of Small Business Economics.

<span class="mw-page-title-main">Dylan Jones-Evans</span> British academic

Professor Dylan Jones-Evans OBE PhD FRSA was born in Bangor, Gwynedd and brought up in Pwllheli on the Llyn Peninsula. He is currently Assistant Pro-Vice-Chancellor (Enterprise) and the chair in entrepreneurship at the University of South Wales. He is visiting professor of entrepreneurship at the University of Turku in Finland, newspaper columnist and the creator of the Wales Fast Growth 50, an annual barometer of entrepreneurial firms in Wales.

Innovation economics is new and growing field of economic theory and applied and experimental economics that emphasizes innovation and entrepreneurship. It comprises both the application of any type of innovations, especially technological, but not only, into economic use, in classical economics this is the application of customer new technology into economic use; but also it could refer to the field of innovation and experimental economics that refers the new economic science developments that may be considered innovative. In his 1942 book Capitalism, Socialism and Democracy, economist Joseph Schumpeter introduced the notion of an innovation economy. He argued that evolving institutions, entrepreneurs and technological changes were at the heart of economic growth. However, it is only in recent years that "innovation economy," grounded in Schumpeter's ideas, has become a mainstream concept".

Entrepreneurship is the creation or extraction of economic value. With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values than simply economic ones.

Innovation management is a combination of the management of innovation processes, and change management. It refers to product, business process, marketing and organizational innovation. Innovation management is the subject of ISO 56000 series standards being developed by ISO TC 279.

<span class="mw-page-title-main">Soumodip Sarkar</span> Economist and Management Scholar

Soumodip Sarkar is an economist and management scholar.

Gerard "Gerry" George is currently Professor at the McDonough School of Business at Georgetown University. Previously, he was Dean and Lee Kong Chian Chair Professor of Innovation and Entrepreneurship at the Lee Kong Chian School of Business at Singapore Management University.

Sjoerd Abel Georges Lodewijk Romme is a Dutch organizational theorist and professor of entrepreneurship and innovation at the Eindhoven University of Technology.

<span class="mw-page-title-main">Igor Yegorov</span>

Igor Yegorov is a Ukrainian economist, Sc.D. in Economics, Deputy Director of the Institute for Economics and Forecasting of the National Academy of Sciences of Ukraine, and Professor at the Faculty of Economics at the Taras Shevchenko National University of Kyiv. Until 2013 he was the Head of Department for Systemic Studies of S&T Potential at G.M. Dobrov Center for Scientific and Technological Potential and Science History Studies of the NAS of Ukraine. He is a member of the Academic Council of Scientific and Technical Complex for Statistical Research of the State Statistics Service of Ukraine.

<span class="mw-page-title-main">Filipe Teles</span> Political scientist

Filipe Teles is a political scientist and assistant professor in the Department of Social, Political and Territorial Sciences at the University of Aveiro, Portugal, where he teaches courses in the fields of public policy and political science. He is acting as Prorector for Regional Development and Urban Policies at the University.

The triple helix model of innovation refers to a set of interactions between academia, industry and government, to foster economic and social development, as described in concepts such as the knowledge economy and knowledge society. In innovation helical framework theory, each sector is represented by a circle (helix), with overlapping showing interactions. The initial modelling has advanced from two dimensions to show more complex interactions, for example over time. The framework was first theorized by Henry Etzkowitz and Loet Leydesdorff in the 1990s, with the publication of “The Triple Helix, University-Industry-Government Relations: A laboratory for Knowledge-Based Economic Development”. Interactions between universities, industries and governments have given rise to new intermediary institutions, such as technology transfer offices and science parks, and Etzkowitz and Ledersdorff theorized the relationship between the three sectors and explained the emergence of these new hybrid organizations. The triple helix innovation framework has been widely adopted and as applied by policy makers has participated in the transformation of each sector.

Simon Cleveland is an American scholar-practitioner, associate professor of the practice, and faculty director at Georgetown University. He is the former executive director and associate dean for The Technology Institute at the City University of Seattle. Cleveland is a graduate of George Mason University and The George Washington University. While a doctoral student, Cleveland was the three-time recipient of the Dr. Harold Kerzner Scholarship. In 2014, he earned his Ph.D. in Information Systems from Nova Southeastern University. His dissertation was titled "A Causal Model to Predict Organizational Knowledge Sharing via Information and Communication Technologies". He also holds certificates in education, analytics, and big data from Harvard University and Massachusetts Institute of Technology. In 2017, Cleveland earned the Tropaia Award: Outstanding Faculty for his work with the Master of Professional Studies in Project Management at Georgetown University.

The quadruple and quintuple innovation helix framework describes university-industry-government-public-environment interactions within a knowledge economy. In innovation helix framework theory, first developed by Henry Etzkowitz and Loet Leydesdorff and used in innovation economics and theories of knowledge, such as the knowledge society and the knowledge economy, each sector is represented by a circle (helix), with overlapping showing interactions. The quadruple and quintuple innovation helix framework was co-developed by Elias G. Carayannis and David F.J. Campbell, with the quadruple helix being described in 2009 and the quintuple helix in 2010. Various authors were exploring the concept of a quadruple helix extension to the triple helix model of innovation around the same time. The Carayannis and Campbell quadruple helix model incorporates the public via the concept of a 'media-based democracy', which emphasizes that when the political system (government) is developing innovation policy to develop the economy, it must adequately communicate its innovation policy with the public and civil society via the media to obtain public support for new strategies or policies. In the case of industry involved in R&D, the framework emphasizes that companies' public relations strategies have to negotiate ‘reality construction’ by the media. The quadruple and quintuple helix framework can be described in terms of the models of knowledge that it extends and by five subsystems (helices) that it incorporates; in a quintuple helix-driven model, knowledge and know-how are created and transformed, and circulate as inputs and outputs in a way that affects the natural environment. Socio-ecological interactions via the quadruple and quintuple helices can be utilized to define opportunities for the knowledge society and knowledge economy, such as innovation to address sustainable development, including climate change.

<span class="mw-page-title-main">Fusion Industry Association</span>

The Fusion Industry Association is a US-registered non-profit independent trade association for the international nuclear fusion industry. It is headquartered in Washington, D.C. It was founded in 2018 to advocate for policies to accelerate the arrival of fusion power. Its executive director is Andrew Holland, Chief Operating Officer of the American Security Project. The Fusion Industry Association has 28 members and 35 affiliate members, including nuclear reactor designers, engineering firms, suppliers, academic institutions, and various professional services with business in the nuclear fusion industry such as research consultancies. The emergence of the Fusion Industry Association can be traced back to the 2013 publication of a white paper on fusion energy by the American Security Project.

References

  1. 1 2 3 "Elias G. Carayannis | School of Business | The George Washington University". business.gwu.edu. Retrieved 2019-03-06.
  2. 1 2 "ORCID Record for Elias G. Carayannis". ORCID.
  3. Koldbye, Charlotte. "Democracy and the environment are endangered species" (PDF). Riconfigure. Archived (PDF) from the original on 2020-03-19.
  4. 1 2 3 "Elias G. Carayannis | School of Business | The George Washington University". business.gwu.edu. Retrieved 2019-03-05.
  5. 1 2 Carayannis, Elias G.; Campbell, David F. J. (2011). "Open Innovation Diplomacy and a 21st Century Fractal Research, Education and Innovation (FREIE) Ecosystem: Building on the Quadruple and Quintuple Helix Innovation Concepts and the "Mode 3" Knowledge Production System". Journal of the Knowledge Economy. 2 (3): 327–372. doi:10.1007/s13132-011-0058-3. ISSN   1868-7865. S2CID   153833947.
  6. Carayannis, Elias G.; Goletsis, Yorgos; Grigoroudis, Evangelos (2018). "Composite innovation metrics: MCDA and the Quadruple Innovation Helix framework". Technological Forecasting and Social Change. 131: 4–17. doi:10.1016/j.techfore.2017.03.008. S2CID   157515074.
  7. Carayannis, Elias G.; Cherepovitsyn, Alexey E.; Ilinova, Alina A. (2017). "Sustainable Development of the Russian Arctic zone energy shelf: the Role of the Quintuple Innovation Helix Model". Journal of the Knowledge Economy. 8 (2): 456–470. doi:10.1007/s13132-017-0478-9. ISSN   1868-7865. S2CID   157751394.
  8. "Encyclopedia of Creativity, Invention, Innovation and Entrepreneurship". Springer.
  9. "Democracy, Innovation and Entrepreneurship for Growth". Palgrave Macmillan.
  10. "Journal of Technology, Innovation and Education". Springer.
  11. Arts, Research, Innovation and Society. Springer.
  12. "Springer Journal of the Knowledge Economy". Springer.
  13. "Journal of Innovation and Entrepreneurship: A Systems View Across Time and Space". Springer.
  14. "Science, Technology, Innovation and Entrepreneurship". Edward Elgar.
  15. Technology, Innovation and Knowledge Management. Springer.
  16. Handbook of Cyber Development, Cyber Democracy and Cyber Defense. Springer. 2018. ISBN   9783319090689.
  17. Bedford, Denise (2018-02-15). Proceedings of the 6th International Conference on Innovation and Entrepreneurship : ICIE 2018 : 5-6 March 2018. Bedford, Denise A. D.,, Carayannis, Elias G.,, University of the District of Columbia,, Georgetown University,, George Washington University. Reading, UK. ISBN   978-1911218708. OCLC   1026187567.
  18. "Technology Transfer Society (T2S) Annual Conference | Federal Labs". www.federallabs.org. Retrieved 2019-03-02.
  19. Post (2017-08-24). "Smart growth strategies by Elias G. Carayannis". World Organisation of Systems and Cybernetics. Retrieved 2019-03-02.
  20. "Heading Global, The Public Authority for Applied Education and Training, Kuwait, 14-16 November, 2016" (PDF).