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Scientists Collaborating with Industry: An Exploration of Industry Engagement Types

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  • Kamrun Nahar Munny
  • Mostak Ahamed Galib
  • Ding Lin

    (European University of Bangladesh, Bangladesh)

Abstract

Involvement of researchers in industry is undeniably beneficial for companies. It drives innovations, patents, licenses and ultimately profits. However, participation of scientists in industry is still scarce. With the aim of emphasizing the benefits of scientific involvement in industry, we conducted a comprehensive exploration of various types of involvement. Contributions of scientists to industry sector comes through 5 types of collaboration encompassing: licensing, collaborative research, academic entrepreneurship, contract research and consulting. This kind of typology enables practitioners to see what collaboration type they may engage in and is optimal for their business needs.

Suggested Citation

  • Kamrun Nahar Munny & Mostak Ahamed Galib & Ding Lin, 2015. "Scientists Collaborating with Industry: An Exploration of Industry Engagement Types," International Journal of Management Science and Business Administration, Inovatus Services Ltd., vol. 1(8), pages 37-46, July.
    • Handle: RePEc:mgs:ijmsba:v:1:y:2015:i:8:p:37-46
    DOI: 10.18775/ijmsba.1849-5664-5419.2014.18.1004
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