Innovation networks: an examination of university–business partnerships

Kieran Fernandes and Stephanie Scott

Chapter 27 in How to Scale Engagement and Impact in Universities, 2025, pp 298-310 from Edward Elgar Publishing

Abstract: This chapter examines the dynamics of university–business collaborations in driving innovation, addressing a critical gap in current research by focusing on both formal and informal contexts. Despite recognised benefits, high failure rates in these partnerships highlight the need for improved conceptual and practical approaches. The study investigates how misalignment between university and industry social systems affects collaboration performance and financial returns. Using a case study of Durham University and Procter & Gamble, it explores the integration of individuals in facilitating knowledge sharing within these partnerships. The research aims to characterise how innovation-related benefits emerge in sustainable university–business relationships, emphasising often-overlooked human processes that define collaboration success. By addressing social complexities and cultural misalignments, the chapter provides a more comprehensive understanding of effective management in university–business partnership for scaling innovation outcomes and societal impact.

Keywords: University–business collaborations; Knowledge sharing; Open innovation networks; Innovation performance; Research commercialisation; Social capital in innovation (search for similar items in EconPapers)
Date: 2025
ISBN: 9781035337422
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