Critical success factors (CSFs) in university-industry collaboration (UIC) projects in research universities

Abstract

This research study examines the CSFs in UIC to ensure the success of any collaboration. Thirteen success factors were evaluated by respondents from industry and public research universities in order to identify the most critical ones. Adopting a quantitative research strategy, both groups of respondents were selected based on their experience of involvement in UIC projects. Similarities and differences in the two university and industry perspectives were identified. Universities focused more on the quality of the researcher, commitment and financial support as the main factors in ensuring the success of the collaboration. As regards their industrial counterparts, some similar factors to the universities were highlighted. In addition, the industrial partners were concerned with constant communication and strong teamwork as the main ingredients of successful implementation of UIC projects. By understanding the similarities and the differences, a positive environment can be created and thus both parties will prioritize the relevant factors when conducting collaborative activities.