The Sustainability of University-Industry Research Collaboration: An Empirical Assessment

The concept of university-industry collaboration is an important social experiment in the nation's innovation system. This study examines the sustainability of this collaborative experience by focusing on the actual give-and-take outcomes between university faculty members and industrial firms. Based on two separate but similar surveys conducted in 1997, one for faculty members and another for industry technology managers, the study reports that participants in research collaboration appear to realize significant benefits, some expected and others unexpected. The most significant benefit realized by firms is an increased access to new university research and discoveries, and the most significant benefits by faculty members is complementing their own academic research by securing funds for graduate students and lab equipment, and by seeking insights into their own research. Reflecting on their collaborative experience, an overwhelming majority of these participants say that in the future they would expand or at least sustain the present level of collaboration.