Enriching the values of micro and small business research projects: co-creation service provision as perceived by academic, business and student

Christopher Brown, James Thatcher, Hanan Alao, Sharhriar Choudhary

    Research output: Contribution to journalArticlepeer-review

    18 Citations (Scopus)
    43 Downloads (Pure)

    Abstract

    The National Committee of Inquiry into Higher Education (1996) chaired by Lord
    Dearing envisioned a university sector central to the UK’s knowledge-based
    economy. With successive government support the university-business
    partnership ideology has been put into practice. Widening participation has
    increased in emphasis over recent years, providing key innovations and skills to
    support business growth. Yet business schools activities in business growth is
    marginal against other university schools. The paper reports on an empirical
    study analyzing the university/business values derived from one small business
    engagement project. Data collected through semi-structured interviews,
    observations, memos, and discussions were coupled with critical evaluation of
    work and action-based learning (ABL) literature. Analysis reveals evidence of
    multiple value adding factors; it emerged that the existence of knowledge,
    present or generated through blended learning techniques, was a key value
    adding element. The findings enabled the construction of a universal process
    model providing a project framework, detailing areas of collaborative efforts and
    associated recompenses; this included ease in project advancements and a
    noticeably advanced project outcome. The study highlights these values in terms
    of individual and organizational learning, originality and quality of outputs.
    Given the growing importance of Small to Medium-sized Enterprises (SMEs) to
    the UK economy, understanding the value co-created by collaborative projects in
    delivering both work-based and ABL for graduates/students, academics and
    enterprise management is important.
    Original languageEnglish
    Pages (from-to)560-581
    Number of pages23
    JournalStudies in Higher Education
    Volume41
    Issue number3
    Early online date3 Sep 2014
    DOIs
    Publication statusPublished - 3 Mar 2016

    Keywords

    • action-based learning
    • work-based learning
    • reflective practice
    • reflection on action
    • reflection in action
    • SME engagement
    • co-creation
    • stakeholder value

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