Corporate strategic objectives for establishing relationships with university research centers

Citation
Md. Santoro et Ak. Chakrabarti, Corporate strategic objectives for establishing relationships with university research centers, IEEE MANAGE, 48(2), 2001, pp. 157-163
Citations number
33
Categorie Soggetti
Management,"Engineering Management /General
Journal title
IEEE TRANSACTIONS ON ENGINEERING MANAGEMENT
ISSN journal
00189391 → ACNP
Volume
48
Issue
2
Year of publication
2001
Pages
157 - 163
Database
ISI
SICI code
0018-9391(200105)48:2<157:CSOFER>2.0.ZU;2-R
Abstract
Organizations face increased pressures to continually advance knowledge and new technologies for their long-term success and prosperity. University re search centers offer important interorganizational linkages for industry-un iversity collaboration, conducive for advancing knowledge and new technolog ies, This study examined industry's strategic objectives for establishing r elationships with university research centers. As a result of this multimet hod exploratory field study, we have identified three clusters of industria l firms with different strategic objectives: collegial players, aggressive players, and targeted players. Collegial players are predominately large fi rms working with university research centers on topics of interest to the f irm which are perceived to have long-term value rather than the promise of immediate commercial opportunities. Aggressive players are a mix of both la rge and small firms employing relationships with university research center primarily to develop and commercialize a wide range of marketable products and services. Targeted players are often smaller firms largely interested in using their relationships with university research centers to address sp ecific needs central to their business. We conclude this paper by discussin g the implications of these findings for both industrial firms and universi ties.