Fostering Academia–Industry R&D Partnerships: A Study in the Indian Context Using Mixed Methods Approach

Mahak Bisen () and Prakash Sai Lokachari ()
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Mahak Bisen: Indian Institute of Technology Madras
Prakash Sai Lokachari: Indian Institute of Technology Madras

International Journal of Global Business and Competitiveness, 2024, vol. 19, issue 1, No 1, 13 pages

Abstract: Abstract While existing studies demonstrated how academia–industry partnerships have contributed to R&D knowledge accumulation and technology transfer, the present study explores the multiple facets of academia–industry R&D partnerships that foster effective collaboration between the relevant stakeholders. Advanced Manufacturing Technology Development Center (AMTDC), a Center of Excellence (CoE) established in the Indian Institute of Technology (IIT) Madras Research Park, is chosen for this study. The study adopted a mixed methods approach by employing Interactive Qualitative Analysis (IQA) and Importance-Performance Analysis (IPA). IQA identified the factors influencing successful partnerships at the Center. The IQA findings suggest that 'Team Cohesion' is the primary driver and 'Center Reputation' is the primary outcome of successful R&D partnerships. The study compared academic and industry partners' perceived importance and performance of the enabling factors by employing the IPA. The IPA findings highlighted differences in partners' actions and expectations. The study findings contribute to the existing literature on academia–industry collaborations and partnerships. The study has implications for strengthening ties between academic and industry partners for the team's consideration.

Keywords: Academia–Industry R&D partnerships; Center of Excellence; Research Park; Interactive Qualitative Analysis; Importance-Performance Analysis (search for similar items in EconPapers)
JEL-codes: I23 O31 O32 (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1007/s42943-024-00091-9

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