Advantages and barriers of university-business linkages: Analysis from an academic perspective

Adilson Mueller (), Geannina Moraga López (), Jane Lucia Silva Santos (), Carla de la Cerna Hernández (), Gerardo Villalobos Rodríguez (), Eduardo Giugliani () and Eysel Adolfo Chong Guardia ()
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Adilson Mueller: Pontificia Universidad Católica de Rio Grande do Sul (PUCRS), Brazil
Geannina Moraga López: Universitat Politècnica de Valencia, Spain and Universidad Nacional (UNA), Costa Rica
Jane Lucia Silva Santos: Pontificia Universidad Católica de Rio Grande do Sul (PUCRS), Brazil
Carla de la Cerna Hernández: Benemérita Universidad Autónoma de Puebla (BUAP), Mexico
Gerardo Villalobos Rodríguez: Universidad Nacional (UNA), Costa Rica
Eduardo Giugliani: Pontificia Universidad Católica de Rio Grande do Sul (PUCRS), Brazil
Eysel Adolfo Chong Guardia: Fundación Ciudad del Saber, Panama

TEC Empresarial, 2025, vol. 19, issue 1, 51-67

Abstract: This article addresses university-business linkages to promote innovation, examining the advantages, barriers and strategic actions observed by researchers and professors from Latin American academic institutions. To carry out the analysis, an online survey was applied to a sample of 305 participants residing in different Latin American countries, that is: Brazil, Panama, Colombia, Costa Rica, Bolivia, Ecuador, and Mexico. The core results reveal 15clear advantages of university-business linkages, including the transfer of research results and greater visibility for universities and their research groups. The main barriers emerging from the analysis, including financing problems, lack of human resources and lack of time management, varied by country, gender and age of participants. The findings of the study provide guidance for strategic actions to strengthen university-business links in Latin America, highlighting the importance of adaptability and adaptation to changing environmental conditions in order to better exploit the mutual collaborative benefits of innovation and sustainable development.

Keywords: University-Business linkages; advantages; barriers; strategic actions; innovation (search for similar items in EconPapers)
Date: 2025
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