Scientists Collaborating with Industry: An Exploration of Industry Engagement Types

Kamrun Nahar Munny, Mostak Ahamed Galib and Ding Lin
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Ding Lin: European University of Bangladesh, Bangladesh

International Journal of Management Science and Business Administration, 2015, vol. 1, issue 8, 37-46

Abstract: Involvement of researchers in industry is undeniably beneficial for companies. It drives innovations, patents, licenses and ultimately profits. However, participation of scientists in industry is still scarce. With the aim of emphasizing the benefits of scientific involvement in industry, we conducted a comprehensive exploration of various types of involvement. Contributions of scientists to industry sector comes through 5 types of collaboration encompassing: licensing, collaborative research, academic entrepreneurship, contract research and consulting. This kind of typology enables practitioners to see what collaboration type they may engage in and is optimal for their business needs.

Keywords: Industry engagement; Licensing; Collaborative research; Academic entrepreneurship; Contract research (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:mgs:ijmsba:v:1:y:2015:i:8:p:37-46

DOI: 10.18775/ijmsba.1849-5664-5419.2014.18.1004

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