Public-Private Partnership: Synergy Between Higher Education Institutions And Business Or Industrial Organizations

Burdusel Eva-Nicoleta (), Balan Liviu () and Plohod Anca ()
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Burdusel Eva-Nicoleta: Lucian Blaga University of Sibiu
Balan Liviu: Continental Automotive Systems SRL Sibiu
Plohod Anca: Continental Automotive Systems SRL Sibiu

Balkan Region Conference on Engineering and Business Education, 2014, vol. 1, issue 1, 179-182

Abstract: Based on existing studies on the necessity and significance of public-private partnership. The present paper focuses on the most recent perspectives and outcomes of connecting higher education to the business community: industrial organizations development and labour market demand. It is a commonplace statement that anticipative thinking, visionary leadership and strategic management are key factors of all organizations – industrial and non-industrial – for gaining advantage on a highly competitive, unpredictable and challenging market. This holds true for both HEIs and industrial organizations which should place value on a permanent interaction among: universities (as knowledge creators and disseminators and focused on fundamental research), industry (as promoters of innovation and applied research); and society (in view of an educated and skilled citizenry). The present study highlights the benefits and outcomes of the public-private partnership and illustrating best practices in the field.

Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:brcebe:v:1:y:2014:i:1:p:179-182:n:39

DOI: 10.2478/cplbu-2014-0039

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