Research Partnership Between Academic Institutions and Corporate sector
DOI:
https://doi.org/10.1956/jge.v16i2.652Keywords:
educational institutions, Corporate, Public-Private Partnership, StartupsAbstract
As the industry is growing and at the same time educational institutions and organisations or Universities are also emerging. So, the needs are inevitably coming into the picture. Needs of what? So, the answer is the needs of companies and the need for education. As per the report from World Economic Forum, the Educational needs and Corporate needs are bouncing in a cycle. As the educational needs provide the corporates fulfilments and corporate needs provide educational fulfilments. Since there are many reports and discussions talking about the needs of each of the sectors not only private or public but of corporate and educational. As there is Public-Private Partnership for some needs, some benefits and for some growth. Thus, it is also important for this century to understand and apply the needs and benefits coming out of educational and industrial needs. There is a significant contribution of many researchers, authors, writers, professors, corporate officers, faculty members, business developers and entrepreneurs to elaborate on the uses and implications of an educational and industrial partnership. The research on 'Academic and corporate sector research partnership' seeks the needs, benefits, relationships and roles. It includes the case studies and data analysis about the achievements, and methods which are used to emphasize the importance of partnerships between the educational institutions and the corporate sector. There are many national and international partnerships which have been seen in many corporate world and educational institutions. There are many different ways to generate revenue, investments, Startups, Technology, new innovations, Commercialization and business development. Research that can give you empirical evidence or connect with the gap between one or two things. Under these particular partnerships, there is always a big debate about whether academic research fulfils the need of corporates or whether corporate research can fulfil the requirements of academic institutions. There have many positive and negative opinions on both kinds of research. But ultimately both the research is needed to establish the partnerships for a new innovation or for a new idea of business that can be beneficial for both the academics and corporates. The research is based more on the findings that how new innovative ideas are welcomed to establish new partnerships among academics and corporates to create jobs, business and entrepreneurship in this global world.
References
Anthony M. Boccanfuso, 29th September 2010, article titled ‘Why University-Industry Partnerships Matter' https://stm.sciencemag.org/content/2/51/51cm25.
Indu Kanan, 30th June 2017, article titled 'India moving towards innovation through academia-industry partnerships' website : https://www.hindustantimes.com/education/india-moving-towards-innovation-through-academia-industry-partnerships/story-qqSXC3zx3G70SBdkoXDHjM.html.
Times of India, 30th September 2017, article titled 'HDFC Bank ties up with IITs, IIM-A', Website : https://m.timesofindia.com/business/india-business/hdfc-bank-ties-up-with-iits-iim-a/articleshow/60888373.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst.
India Today, 29th September 2017, ‘HDFC Bank partners top education institutes for fintech ideas', Website : https://www.indiatoday.in/pti-feed/story/hdfc-bank-partners-top-education-institutes-for-fintech-ideas-1055139-2017-09-29.
Duke University school of Medicine, The process of Commercialization, Website : https://medicine.duke.edu/research/research-administration/research-process/commercialization.
Research development and Commercialization at UHN, process of research commercialization at UHN, Website : http://tdc.uhnresearch.ca/#contact-adderss.
Office of research commercialization, statistical report by first year 2019, north Carolina state University, Website : https://research.ncsu.edu/commercialization/statistics/.
Office of research commercialization, Texas Tech University, article titled 'The commercialization process', Website : https://www.depts.ttu.edu/research/commercialization/inventors/index.php.
Alonda Thomas, 18th September 2018, article titled 'Howard University and Google expand successful computer science residency’, Howard University, office of University communication, Website: https://newsroom.howard.edu/newsroom/static/8771/howard-university-and-google-expand-successful-computer-science-residency.
Jennifer Elias, 30th June 2018, article titled ‘Google to expand its Howard West program, add more partnerships with historically black schools', Bizjournals, Website : .https://www.bizjournals.com/sanjose/news/2018/01/30/google-to-expand-its-howard-west-program-add-more.html.
Ellen Powell, 24 March, 2017, Article titled, 'Howard University West: Can google-Howard Partnership increase diversity in technology? website : https://www.csmonitor.com/Technology/2017/0324/Howard-University-West-Can-Google-Howard-partnership-increase-diversity-in-tech.
GE additive, 3rd April 2018, article titled, 'Partnerships between industry and academia accelerate additive innovations, Website : https://www.ge.com/additive/stories/partnerships-between-industry-and-academia-accelerate-additive-innovations.
The Ohio state University, college of engineering, Industry, Industry + Research, website : https://engineering.osu.edu/programs/industry.
University of Sheffield, article titled, ' Partnering with Siemens to develop innovative solutions for global challenges, website: https://www.sheffield.ac.uk/business/partners-collaborators/siemens.
University of Cambridge, 11th September 2001, article titled, 'Roll Royce and University announce new Partnership, website : https://www.cam.ac.uk/news/rolls-royce-and-university-announce-new-partnership.
Lars Frolund et al, 6th December 2017, article titled, 'Developing successful partnerships with Universities', website : https://sloanreview.mit.edu/article/developing-successful-strategic-partnerships-with-universities/.
Gensler, article titled, ‘The rise of academic Incubators, connecting Universities students to innovation and investment, website : https://www.gensler.com/research-insight/blog/the-rise-of-academic-incubators.
Niels van Stijn, Frank J. van Rijnsoever & Martine van Veelen, 15th September 2017, Research paper titled, ' Exploring the motives and practices of university–start-up interaction: evidence from Route 128, The Journal of Technology Transfer volume 43, pages674–713(2018), Website : https://link.springer.com/article/10.1007/s10961-017-9625-5.
Greg Satell, 19th April 2016, article titled, ' Innovative Companies Get Their Best Ideas from Academic Research — Here’s How They Do It, Harvard Business review, Website : https://hbr.org/2016/04/innovative-companies-get-their-best-ideas-from-academic-research-heres-how-they-do-it.
John c. Tao, article titled, ' Building industry-university research partnerships – corporate perspective, NCBI, Website : https://www.ncbi.nlm.nih.gov/books/NBK45057/.
Mario Cervantes, article titled, ' Academic Patenting: How universities and public research organizations are using their intellectual property to boost research and spur innovative start-ups, WIPO, Website : https://www.wipo.int/sme/en/documents/academic_patenting.html.
Maureen Farrell, 12th September 2008, article titled, 'Universities that turn research into revenue', Website : https://www.forbes.com/2008/09/12/google-general-electric-ent-tech-cx_mf_0912universitypatent.html#28c895d46a3a.
Kenneth R. Lutchen, 24th January, 2018, article titled, 'Why Universities and Campania should forge long term collaborations', Harvard Business review, Website : https://hbr.org/2018/01/why-companies-and-universities-should-forge-long-term-collaborations.
Erin Duffin, 12th November 2019, article titled, ' Companies with the highest spending on research and development 2018, statia, Website : https://www.statista.com/statistics/265645/ranking-of-the-20-companies-with-the-highest-spending-on-research-and-development/.
Dirk Czarnitzki, Katrin Hussinger,Cédric Schneider, 5th October 2011, Research paper titled, ‘Commercializingg academic research: the quality of faculty patenting, Industrial and Corporate Change, Volume 20, Issue 5, October 2011, Pages 1403–1437, Website : https://academic.oup.com/icc/article/20/5/1403/708146#12456864.
Downloads
Published
How to Cite
Issue
Section
License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.