University-industry ecosystem: Factors for collaborative environment

Abstract

This research contribution is an effort to figure out the root causes that leads to the integration and disintegration of Research & Development (R&D) collaborations between University and Industry. R&D has been in practice since many years in nearly all kinds of organizations from developed and developing nations. Educational institutions with strong and state -of-the-art research knowledge base have shown more intentions for R&D collaborations. Literature has presented many reasons for the execution of these joint ventures and elaborated the key issues to make them more profitable and feasible. University-Industry R&D collaboration has got an important research status and becoming an emerging field due to the global wave of commercialization, cooperation and mergers. The purpose of this research is to find out those raison d'êtres that lead the firms to collaborate with other firms and academia. The authors suggest the road map that leads to strong, long lasting, productive, and effective collaboration ventures. This paper also marks the reasons which are the cause of cleavage in these collaborations of university-Industry endeavors. This earnest and conscientious activity has also highlighted the challenges for University-Industry (U-I) R&D Collaborations and devises a plan to overcome these mistrust paradigm of conflict. © 2011 Springer-Verlag.