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The foundation of university-business cooperation : people and processes

Author

Listed:
  • Todd Davey

    (MBS - Munich Business School)

  • Victoria Galán-Muros

    (OCDE - Organisation de Coopération et de Développement Economiques = Organisation for Economic Co-operation and Development)

Abstract

Cooperation between higher education institutions (HEIs) and business has the capability to establish and sustain the competitive advantage of the organisations involved and the social and economic development of the region. Although, university-business cooperation has become a priority for HEI managers and policymakers, these stakeholders often lack a common understanding of the basic concepts related with the people, processes and relationships within this area. This chapter aims to improve this common understanding, presenting the stakeholder groups who can play a role in university-business cooperation: HEI managers, lecturers, researchers, students, intermediaries, business and policymakers. Secondly, it highlights the differences between the concepts of technology transfer, knowledge transfer and valorisation, which describe the processes. Finally, this chapter explains how HEI-business relations develop with the use of a stairway model with five stages for escalating relations between HEIs and business.

Suggested Citation

  • Todd Davey & Victoria Galán-Muros, 2016. "The foundation of university-business cooperation : people and processes," Post-Print hal-02419043, HAL.
  • Handle: RePEc:hal:journl:hal-02419043
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