Policy Analysis: Investment, Policy
Published:

Critical success factors in university-industry collaborations

University-industry partnerships have never been more important in developing a knowledge-based economy. This makes it critical to understand the drivers and barriers to effective collaboration, says Tatiana Schofield

Tatiana Schofield, Business Development Manager at Imperial College Consultants

In today’s fast-moving business and commercial environment, university-industry collaborations are playing a critical role in helping countries, in particular the emerging economies, to develop and maintain a competitive advantage.

In recognition of this, national governments are formulating policies that foster university-industry partnerships, to encourage open innovation and accelerate technology commercialisation, stimulate national growth, improve competitiveness.

One important tool here is the so-called ‘Triple Helix’ development strategy in which interactive relationships between universities, industry and government are used in...



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