Enhancing the University - Industry Collaboration in Developing Countries through Best Practices
Citation
Christopher T. Mgonja "Enhancing the University - Industry Collaboration in Developing Countries through Best Practices", International Journal of Engineering Trends and Technology (IJETT), V50(4),216-225 August 2017. ISSN:2231-5381. www.ijettjournal.org. published by seventh sense research group
Abstract
University-Industry Collaboration (UIC) creates highly skilled and productive graduates for meeting demand of industry. Such collaborations contribute positively to address innovation market failures and help to realise the full social returns of research and development (R&D) investments. Universities are often described as ‘‘engines for growth’’ which generate skills and research results that are significant sources of innovation for firms, especially in some industrial fields. Through the existing publications, this paper provides review on University-Industrial Collaboration. It gives the effects of the linkage and indicates how different countries practice UIC. Finally it presents the best practices that can be applied by developing countries in order to accelerate the economic growth.
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Keywords
University, Industry, Technology transfer, University-Industry collaboration, Effects of collaboration, Best practices.