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When two worlds collide : research partnerships between academia and the private sector

Research output: Chapter in Book / Conference PaperConference Paper

Abstract

There is an increasing need for greater collaboration between academe and industry partners. To attract research funds, academics often market the potential value of empirical research to the private sector and form partnerships While the outcomes of these partnerships have potential value for both parties, the process can be fraught with a plethora of paradigmatic difficulties. To raise awareness around some of these issues, the present paper reports on some of these, including disparate perspectives, limited insight into each other's expertise, false expectations about roles and a limited understanding of conventional organisational practice within each partner. It culminates with a number of recommendations, including a multi-levelled approach to communication between the two key stakeholders. In an epoch where collaborative research efforts are becoming increasingly essential for both funding-starved academics and entrepreneurs wanting to market evidence-based practice, the content of this paper is both timely and informative. It provides the potential to strengthen relationship foundations, particularly between two bodies that seek the benefit offered by well-informed research efforts - that is, when two worlds collide.
Original languageEnglish
Title of host publicationCollege of Business Research Symposium 2006: Celebrating 30 Years of Business Courses at UWS
PublisherUniversity of Western Sydney, College of Business
Number of pages12
ISBN (Print)1741081475
Publication statusPublished - 2006
EventUniversity of Western Sydney. College of Business. Research Symposium -
Duration: 1 Jan 2007 → …

Conference

ConferenceUniversity of Western Sydney. College of Business. Research Symposium
Period1/01/07 → …

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 9 - Industry, Innovation, and Infrastructure
    SDG 9 Industry, Innovation, and Infrastructure

Keywords

  • business and education
  • research and development partnership
  • academic-industrial collaboration

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