IDEAS home Printed from https://ideas.repec.org/p/ehl/lserod/120361.html
   My bibliography  Save this paper

Navigating the challenges of business funding for research

Author

Listed:
  • Adeleke, Fola

Abstract

In 2021, I received a research grant from a private global corporation to convene a group of academics and practitioners to produce a series of research outputs that addressed the impact of data localisation in emerging data protection regulation across three African countries. While the project was successful, its implementation presented challenges. Some of these included navigating the bureaucracy of academic institutions to forge partnerships with corporations; dealing with concerns regarding research integrity in the face of conflicting objectives in an academic-business collaboration; as well as navigating power imbalances within the partnership. This paper addresses these challenges to explore solutions for managing independent research funded by powerful corporations. I discuss the risks, benefits, and requirements for both parties to forge a successful partnership. The solutions proposed here include understanding the type and form of partnership that will achieve the research objectives of each partner; maintaining transparency and open lines of communication between them; securing professional assistance on issues related to intellectual property, confidentiality, and the publication of research findings, as well as the importance of trust and mutual respect for each partner’s knowledge, expertise and overall contribution.

Suggested Citation

  • Adeleke, Fola, 2023. "Navigating the challenges of business funding for research," LSE Research Online Documents on Economics 120361, London School of Economics and Political Science, LSE Library.
  • Handle: RePEc:ehl:lserod:120361
    as

    Download full text from publisher

    File URL: http://eprints.lse.ac.uk/120361/
    File Function: Open access version.
    Download Restriction: no
    ---><---

    More about this item

    JEL classification:

    • L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ehl:lserod:120361. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: LSERO Manager (email available below). General contact details of provider: https://edirc.repec.org/data/lsepsuk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.