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Deconstructing the ivory tower: identifying challenges of university-industry ecosystem partnerships

Author

Listed:
  • Emily C. Bacon

    (Swansea University)

  • Michael D. Williams

    (Swansea University)

Abstract

Collaboration between industry and academia necessitates the management of entrepreneurial dynamics within ecosystem contexts. However, such partnerships perpetuate numerous challenges that, without effective management, can impact upon the ecosystem as a whole. Limited research to date has addressed the challenges affecting these university-industry partnerships and ascertained their impact upon ecosystem management. This study identifies the challenges pervading university-industry partnerships across entrepreneurial ecosystems, with a view that through an exposition of such challenges, more specific strategies could be implemented to address them. Questionnaires were distributed to key ecosystem stakeholders, requesting their perceptions of the key challenges affecting their collaborative relationships. Empirical data was analysed utilising fuzzy-set qualitative comparative analysis to deduce the configurational nature of the conditions. Results reveal mutually exclusive solutions grounded upon distinct combinations of conditions, constituting distinct pathways to ineffective ecosystem management. Theoretical and practical implications are discussed, as well as acknowledged limitations of this study and suggestions for future research.

Suggested Citation

  • Emily C. Bacon & Michael D. Williams, 2022. "Deconstructing the ivory tower: identifying challenges of university-industry ecosystem partnerships," Review of Managerial Science, Springer, vol. 16(1), pages 113-134, January.
    • Handle: RePEc:spr:rvmgts:v:16:y:2022:i:1:d:10.1007_s11846-020-00436-7
    DOI: 10.1007/s11846-020-00436-7
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    More about this item

    Keywords

    Entrepreneurial; Ecosystem; University-industry; FsQCA;
    All these keywords.

    JEL classification:

    • M0 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General

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