When companies and universities work in tandem to push the frontiers of knowledge, they become a powerful engine for innovation and economic growth.

5-8

What Academies offer to industry: What Industry offer to Academies:
Fundamental research and enhancement of own research Access to world–class and important

Problems

High profile personnel

 

Access to other activities in the innovation cycle (development, engineering, manufacturing, etc.)
Access to consultants Market awareness
Patent rights Enriching teaching programs
New ideas and business opportunities Job opportunities
Recruitment of graduates
Leveraging of federal funds
Costs – lower overheads

58aExamples of successful University-Industry partnerships:

  1. Siemens Partnership with Universities
    Siemens has integrated scientific knowledge from a world wide network of partnerships with some of the most prestigious universities in the world, such as MIT and Berkley. Centre of Knowledge Interchange represents the top tier in Siemens partnership program with Universities
  1. University-Industry Partnership Project (UIPP) (NCURA (National Council of University Research Administration) and IRI (Industrial Research Institute))
    The UIPP brought together 170 registered attendees, representing 32 companies, 47 universities and several nonprofits/government foundations. This resulted in a heterogeneous group of experts, representing both small and large companies, as well as universities and different sectors of US economy.
  1. EU Framework Programmes
    An important example of policy where the government has played a key role in promoting the University-Industry partnership is the Framework Programme established by European Union.

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