Practice-Based Views on Key Success Elements in University-Industry Collaborative Activities

Research on university – industry collaboration ideologies, operations and activities for improvement of effective cooperation in industry 4.0 era. Utilizing over 65 years of experience on effective collaboration, inc. advisory notes, experiences, proven models, industry case studies and collaborato...

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Bibliographic Details
Published in:International journal of knowledge management 2024-06, Vol.20 (1), p.1-25
Main Authors: Tereshchenko, Elizaveta, Phang, Swee King, García Alcaraz, Jorge L, Happonen, Ari
Format: Article
Language:English
Subjects:
Best practice
Business education relationship
Collaboration
Cooperation
Corporate culture
Digital technology
Entrepreneurs
Higher education
Industry 4.0
Innovations
Intellectual property
Knowledge management
R&D
Research & development
Skills
Small & medium sized enterprises-SME
Stakeholder analysis
Success
Technological change
Technology transfer
Virtual environments
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Summary:Research on university – industry collaboration ideologies, operations and activities for improvement of effective cooperation in industry 4.0 era. Utilizing over 65 years of experience on effective collaboration, inc. advisory notes, experiences, proven models, industry case studies and collaborators' recommendations for rich, long and successful partnerships. A five step model for cooperation is proposed: goal setting, key stakeholder analysis, legal framework definition for interaction, best practice experience analysis, and goal readjustment. Model facilitates effective interactions to achieve the set goals by adequately focusing on main issues. We contribute to the proper collaboration approaches discussions, allowing good outcome UIC. Academics and practitioners should seek specific signs, activities & outputs to avoid near term challenges in changing world. Virtual environments and metaverse collaboration are suggested to be considered as next level UIC platforms and future research is in need of extended range of interactions and novel new long-term cooperation model studies.
ISSN:1548-0666
1548-0658
DOI:10.4018/IJKM.345653