An Evaluation System for University–Industry Partnership Sustainability: Enhancing Options for Entrepreneurial Universities

Artūras Kaklauskas, Audrius Banaitis, Fernando A. F. Ferreira, Joao Ferreira, Dilanthi Amaratunga, Natalija Lepkova, Ieva Ubartė and Nerija Banaitienė
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Artūras Kaklauskas: Department of Construction Management and Real Estate, Faculty of Civil Engineering, Vilnius Gediminas Technical University, Saulėtekio al. 11, 10223 Vilnius, Lithuania
Audrius Banaitis: Department of Construction Management and Real Estate, Faculty of Civil Engineering, Vilnius Gediminas Technical University, Saulėtekio al. 11, 10223 Vilnius, Lithuania
Fernando A. F. Ferreira: ISCTE Business School, BRU-IUL, University Institute of Lisbon, Avenida das Forças Armadas, 1649-026 Lisbon, Portugal
Dilanthi Amaratunga: Global Disaster Resilience Centre, School of Art, Design and Architecture, University of Huddersfield, QSBG/22 Queens Street Building, Queensgate, Huddersfield HD1 3DH, UK
Natalija Lepkova: Department of Construction Management and Real Estate, Faculty of Civil Engineering, Vilnius Gediminas Technical University, Saulėtekio al. 11, 10223 Vilnius, Lithuania
Ieva Ubartė: Department of Construction Management and Real Estate, Faculty of Civil Engineering, Vilnius Gediminas Technical University, Saulėtekio al. 11, 10223 Vilnius, Lithuania
Nerija Banaitienė: Department of Construction Management and Real Estate, Faculty of Civil Engineering, Vilnius Gediminas Technical University, Saulėtekio al. 11, 10223 Vilnius, Lithuania

Sustainability, 2018, vol. 10, issue 1, 1-17

Abstract: The concept of university–industry partnership sustainability (UIPS) stands for well-adjusted progress among key players from universities and industry by sustaining their welfare, both in the present and in the future. This paper sought to develop an evaluation system for UIPS. The need for such a system is justified at three levels: the micro level (i.e., research and innovation performance, transfer and absorptive capability, and technology development), the meso level (i.e., institutional arrangements, communication networks, and local and indigenous rules) and the macro level (i.e., supply and demand, regulations, financing, taxes, culture, traditions, market, climate, politics, demographics, and technology). The UIPS evaluation system developed in this study offers the possibility of calculating a fair value of UIPS and providing recommendations for improving university–industry (U–I) partnerships. This can be of great importance for entrepreneurial universities that would like to strengthen their corporate links and/or reduce/reverse the “hollowing effect” of globalisation in disadvantaged regions. Additionally, this paper also contains discussions on the advantages, limitations, and managerial implications of this proposal.

Keywords: entrepreneurial universities; university–industry partnership sustainability; multiple criteria decision analysis; micro, meso, and macro environments (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:10:y:2018:i:1:p:119-:d:125683

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