Why companies use academic partnerships to invest in basic research

Benjamin Cabanes () and Quentin Plantec ()
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Benjamin Cabanes: RMIT University - Royal Melbourne Institute of Technology University, CGS i3 - Centre de Gestion Scientifique i3 - Mines Paris - PSL (École nationale supérieure des mines de Paris) - PSL - Université Paris Sciences et Lettres - I3 - Institut interdisciplinaire de l’innovation - CNRS - Centre National de la Recherche Scientifique
Quentin Plantec: TBS - Toulouse Business School

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Abstract: Conventional wisdom assumes that companies invest in academic partnerships to produce short-term, commercially useful outcomes, and that academics cannot "do" business, making it difficult to align research agendas with industrial needs. Benjamin Cabanes and Quentin Plantec find that both those ideas are outdated and that industry is willing to initiate and fund basic research, even when immediate applications are unclear.

Keywords: Academic partnership; Basic research; University-industry collaboration (search for similar items in EconPapers)
Date: 2026-01
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Published in LSE Business Review, 2026

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-05452635

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