University–Industry Collaboration: A Sustainable Technology Transfer Model

Antonia Terán-Bustamante, Antonieta Martínez-Velasco and Andrée Marie López-Fernández
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Antonia Terán-Bustamante: Facultad de Ciencias Económicas y Empresariales, Universidad Panamericana, Augusto Rodin 498, Ciudad de México 03920, Mexico
Antonieta Martínez-Velasco: Facultad de Ingeniería, Universidad Panamericana, Augusto Rodin 498, Ciudad de México 03920, Mexico
Andrée Marie López-Fernández: Facultad de Ciencias Económicas y Empresariales, Universidad Panamericana, Augusto Rodin 498, Ciudad de México 03920, Mexico

Administrative Sciences, 2021, vol. 11, issue 4, 1-17

Abstract: Faced with the pandemic caused by COVID-19, universities worldwide are giving a powerful response to support their communities. One way to provide support is via the collaboration between universities and industries, allowing the co-creation of knowledge that leads to innovation. Historically, universities, as knowledge-intensive organizations (KIOs), have produced knowledge through research. At present, its important contribution to countries’ economy is widely recognized through the development of new knowledge and technical know-how. Universities are a source of innovation for firms, which ultimately translates into social welfare improvements. The objective of this research is to analyze the university–firm linkage. The methodological strategy is carried out using Bayesian networks through a model where the main elements of university–industry linking, which impact competitiveness and innovation, are identified and quantified. The technology transfer model shows that the most crucial processes are Technology Strategy, Value Proposal, Knowledge Management, Control and Monitoring, Innovation Management, Needs Detection, Knowledge Creation, New Products and Services, and Absorption Capacity.

Keywords: knowledge intensive organizations; technology transfer; university–industry; sustainability; Bayesian networks (search for similar items in EconPapers)
JEL-codes: L M M0 M1 M10 M11 M12 M14 M15 M16 (search for similar items in EconPapers)
Date: 2021
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