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Public-Private Partnership: Synergy Between Higher Education Institutions And Business Or Industrial Organizations

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  • Burdusel Eva-Nicoleta

    (Lucian Blaga University of Sibiu)

  • Balan Liviu

    (Continental Automotive Systems SRL Sibiu)

  • Plohod Anca

    (Continental Automotive Systems SRL Sibiu)

Abstract

Based on existing studies on the necessity and significance of public-private partnership. The present paper focuses on the most recent perspectives and outcomes of connecting higher education to the business community: industrial organizations development and labour market demand. It is a commonplace statement that anticipative thinking, visionary leadership and strategic management are key factors of all organizations – industrial and non-industrial – for gaining advantage on a highly competitive, unpredictable and challenging market. This holds true for both HEIs and industrial organizations which should place value on a permanent interaction among: universities (as knowledge creators and disseminators and focused on fundamental research), industry (as promoters of innovation and applied research); and society (in view of an educated and skilled citizenry). The present study highlights the benefits and outcomes of the public-private partnership and illustrating best practices in the field.

Suggested Citation

  • Burdusel Eva-Nicoleta & Balan Liviu & Plohod Anca, 2014. "Public-Private Partnership: Synergy Between Higher Education Institutions And Business Or Industrial Organizations," Balkan Region Conference on Engineering and Business Education, Sciendo, vol. 1(1), pages 179-182, August.
  • Handle: RePEc:vrs:brcebe:v:1:y:2014:i:1:p:179-182:n:39
    DOI: 10.2478/cplbu-2014-0039
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