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Enhancing university –industry collaboration: What are the drivers of academic researchers’ involvement in industry?

Author

Listed:
  • Mostak Ahamed Galib

    (School of Management, Wuhan University of Technology Wuhan, China)

  • Kamrun Nahar Munny

    (School of Management, Wuhan University of Technology Wuhan, China)

  • Akmal Khudaykulov

    (School of Management, Wuhan University of Technology Wuhan, China
    School of Management, Wuhan University of Technology Wuhan, China)

Abstract

Industry engagement of researchers plays an important role in organizational outcomes such as increased number of licenses and patents, innovation, successful R&Ds and consequently increased efficiency and economic performance. The gap between the theory and practice of industry engagement are identified and a scientific model of industry engagement of is developed in this paper. The research model depicts the possible generation of the industry engagement as an outcome. Through a detailed review of all factors belonging to the scope of motives that are opportunity-driven, key factors that are most conducive to researchers‟ industry engagement were identified. We have proposed the relationship between compensation and recognition, access to resources, application of the research, networking opportunities, and industry problem solving with industry engagement. This study supports the notion that industry engagement is essential for improving organizational learning capability and innovation performance. Significant implications for organizations exist, as they are aware of which parts of their operations and conditions will drive relevant talent to engage in the organizations‟ work.

Suggested Citation

  • Mostak Ahamed Galib & Kamrun Nahar Munny & Akmal Khudaykulov, 2015. "Enhancing university –industry collaboration: What are the drivers of academic researchers’ involvement in industry?," International Journal of Innovation and Economic Development, Inovatus Services Ltd., vol. 1(1), pages 36-46, April.
  • Handle: RePEc:mgs:ijoied:v:1:y:2015:i:1:p:36-46
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    Citations

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    Cited by:

    1. Roncancio-Marin, Jason & Dentchev, Nikolay & Guerrero, Maribel & Díaz-González, Abel & Crispeels, Thomas, 2022. "University-Industry joint undertakings with high societal impact: A micro-processes approach," Technological Forecasting and Social Change, Elsevier, vol. 174(C).

    More about this item

    Keywords

    Industry Engagement; Motives for Industry engagement; Organizational Learning Capability; Organizational Innovation Performance;
    All these keywords.

    JEL classification:

    • M00 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General - - - General

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