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University–Industry Collaboration: Assessing the Matching Quality Between Companies and Academic Partners | IEEE Journals & Magazine | IEEE Xplore

University–Industry Collaboration: Assessing the Matching Quality Between Companies and Academic Partners


Abstract:

Firms engaged in university-industry collaboration (UIC) desire to advance knowledge and new technologies with their academic partners, however the performance of knowled...Show More

Abstract:

Firms engaged in university-industry collaboration (UIC) desire to advance knowledge and new technologies with their academic partners, however the performance of knowledge creation and transfer is greatly affected by complementarity and compatibility between the firm and academic institute. In practice, many firms assess the appropriateness of academic partners using a broad range of criteria, with high subjectivity. This paper therefore seeks to address this challenge by introducing a systematic approach to help firms determine the appropriateness of academic partners, represented as “matching quality” in this paper. Three facets of matching quality are examined: complementarity of research ability, compatibility in business mindset, and compatibility in relationships. This paper proposes a framework and model for assessing matching quality, along with a case study to demonstrate how the proposed model works.
Published in: IEEE Transactions on Engineering Management ( Volume: 68, Issue: 5, October 2021)
Page(s): 1418 - 1435
Date of Publication: 15 May 2019

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I. Introduction

Many firms decide to engage in university–industry collaboration (UIC) to advance their scientific knowledge and technology in the mission of innovation development [1]–[3]. The popularity of UIC has been driven by various factors, such as encouraging policies of government in the triple helix model [2], [4], [5], the supportive mission of commercialization and the vision of entrepreneurial universities [6]–[9], the multidisciplinary character of state-of-the-art technologies, and the enhancement of corporate image [5]. Searching for well-matched academic partners can be challenging for a firm, however, as there are many choices of academic partners with a large range of characteristics. A successful collaboration relies on the effectiveness of knowledge creation and knowledge transfer [10]. There are diverse reasons for the failure of technology partnerships, such as strategic or goal divergence, cultural mismatch, lack of commitment, and asymmetric incentives [11], [12]. Many UICs become unproductive and rough due to a gap in the research agenda between the firm's demand for applied research versus academia's preference for basic research [13]–[15], a gap in agreement about intellectual property management between a firm's policy of knowledge protection versus academia's mission of knowledge revelation [2], [16]–[18], and the gap in organizational culture between a firm's active working procedure versus academia's bureaucratic working style [19], [20], and [21].

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