Universities and industry collaborations are on the rise. Learn why, what helps them succeed, how to find partners and more.
Our university is committed to excellent teaching, innovative research, and the personal and intellectual growth of its students in a diverse academic community.
Above is a mission statement from a prominent US research university. It is typical of most. The notable features of the mission statement are the commitment to the students and the academic community.
The primary purpose of corporations is to deliver shareholder value. For start-ups, they must provide returns to their investors.
The academic culture encourages openness; researchers are motivated to share and publish new findings. In contrast, corporate culture is more guarded; they need to monetize their innovations.
Read through the chapters to find out the correct answers or see them directly at the end of this page.
The answer is a resounding yes. Cultures are rapidly changing for both universities and companies, and corporate culture is embracing openness more and more. And, universities are realizing they need a way to make their findings more socially relevant.
Universities and industry collaborations are on the rise. According to a news blog item from Nature Index
opens in new tab/window , academic-industry collaborations more than doubled between 2012 and 2016. The chart below shows that, according to Scopus , the global number of papers co-authored by a research institution and an industry partner is on a steady rise.
The chart below shows that while universities and their industry partners have different missions, they also have complementary skillsets. Each brings something to the table for innovative discoveries. University researchers are good at finding difficult problems and having the freedom to pursue different solutions; companies are good at taking discoveries and developing them.
As you can see from the chart above, the two sectors' investments are different but complementary. Having these complementary skills is a reliable formula for successful partnerships.
Imagine two researchers – one from a biotech start-up and another from a large university medical research lab – meet at a conference. They discover they have similar research interests and share research and jointly publishing papers. Serendipity can be a powerful force in driving innovations. This collaboration might start with a simple interaction, but is also one that leads to fruitful discoveries.
Now, examine the idea of a much broader engagement between a university and an industry partner. This collaboration is often a strategic partnership with the most senior levels in university leadership taking part. An example of this is the relationship between the University of Cincinnati and Procter & Gamble.
opens in new tab/window , former Assistant Vice President, Office of Research at the University of Cincinnati and current President of Philip H Taylor, Environmental Consulting, shares his unique perspective from both the industry and university sectors. He sees the advantage of these agreements as bringing big problems to the university, which has the infrastructure, the architecture, and the right person to work on it. And, for the university, the agreement brings substantial industry funding.
opens in new tab/window Director of Research at the University of Cambridge, he often sees collaborations in the engineering department and start small and grow. He cites Dyson as an excellent example. In 2016, Cambridge and Dyson jointly opened the Dyson Centre for Engineering Design
At the 2020 Times Higher Education World Academic Summit during the panel, "Will universities reimagine collaboration with global companies after COVID-19?" Dr. Vidya Yeravdekar, Pro-Chancellor, Symbiosis International University, India, related that the Serum Institute of India is working with AstraZeneca and Oxford University on manufacturing the potential COVID-19 vaccine. She stated,
Hopefully we will see this very wonderful industry, academia collaboration happening between a global university, like Oxford University, and a company in India.
Often governments play a role in these types of collaboration. Their involvement has generally been increasing and varies significantly by country. Three-way partnerships between Industry-Government-University are sometimes called Triple Helix
opens in new tab/window ," a recent episode of the Research 2030 podcast, Dr. Tony Boccanfuso
opens in new tab/window (University-Industry Demonstration Partnership), notes that, in the United States, the government's role has been relatively hands-off, but that trend is changing globally.
According to Dr. Occhipinti, one example of public funding agency is the Engineering and Physical Sciences Research Council (EPSRC) in the UK, supporting the Centres for Doctoral Training programs for university students, often also supported by industry partners.
A Chinese director of medical research told us about a broad, multi-year agreement between a pharmaceutical company, a university and the Chinese Academy of Sciences as an example of a triple helix arrangement.
An intriguing example of a successful government program to encourage these collaborations in the US is the National Cancer Institute (NCI) Alliance for Nanotechnology in Cancer
The Alliance model for translational research is that discoveries made in academic laboratories are handed off to for-profit partners for efficient development into research and clinical products. Alliance members have been eager to bring their technology to the clinic, forming over 100 start-up companies and partnerships with existing biotechnology firms. Many of these start-ups are thriving and now offer products, research, or consulting services to the academic and clinical communities. Others have attracted significant investment from large pharmaceutical companies and venture capital funds.
The executive summary of the United Kingdom’s review of university-industry collaboration, “ The Dowling Review of Business-University Research Collaborations
Strategic business-university research collaborations provide a myriad of benefits to their participants. For academics, these benefits can include the opportunity to address challenging research questions with real-world applications, see their research have tangible impacts and gain access to new skills, data or equipment. Companies can improve business performance through developing new techniques or technologies, de-risk investment in research, and extend the capabilities and expertise available to the firm.
According to the "Researcher Guidebook: A Guide for Successful Institutional-Industrial Collaborations" published by UIDP
Both institutions and industries have much to gain from these collaborations since they promote the discovery of new synergies and models that promise mutual potential for ROI. For companies, partnering with institutions provides access to expertise and research that spurs innovation, extends their resources, and sharpens their competitive advantage. For non-profit institutions facing tightening federal budgets—which have created funding gaps in even the top laboratories, collaborations with industry offer promising revenue streams, effective ways to keep abreast of changing market and industry dynamics, and increased competitiveness in pursuing federal funding opportunities.
