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Connecting, Exploring, Uncovering, and Building Partnerships

In: University-Industry Collaboration

Author

Listed:
  • Coleen Burrus

    (Princeton University)

  • Alexandra Patera

    (Princeton University)

Abstract

The term “University-Industry Relations” often brings to mind talent acquisition and graduate employment, but beneath the surface lies a complex landscape involving research collaborations, innovation, technology transfer, experiential learning, and executive education. Establishing symbiotic relationships between academia and industry is challenging due to differing organizational structures and cultures. Companies usually follow top-down directives, while universities thrive on bottom-up approaches with significant faculty autonomy. Effective University-Industry (UI) partnerships require strategic and deliberate efforts, leveraging both technological tools and skilled institutional engagement professionals to identify and cultivate aligned interests. These partnerships yield numerous benefits, including access to funding, innovative technologies, a culture of entrepreneurship, and relevant learning opportunities for students. A successful partnership hinges on trust, mutual goals, strategic planning, and accountability. By embracing these principles and fostering continuous interaction, universities and industries can drive mutual growth and success. This section explores how to establish and nurture these connections, focusing on strategic activities and frameworks that enhance UI collaborations.

Suggested Citation

  • Coleen Burrus & Alexandra Patera, 2025. "Connecting, Exploring, Uncovering, and Building Partnerships," International Series in Operations Research & Management Science, in: Randolph Hall & Anthony Boccanfuso (ed.), University-Industry Collaboration, chapter 0, pages 73-83, Springer.
    • Handle: RePEc:spr:isochp:978-3-031-94913-5_4
    DOI: 10.1007/978-3-031-94913-5_4
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