Corporate strategic objectives for establishing relationships with university research centers
Document Type
Article
Publication Date
5-1-2001
Abstract
Organizations face increased pressures to continually advance knowledge and new technologies for their long-term success and prosperity. University research centers offer important interorganizational linkages for industry-university collaboration, conductive for advancing knowledge and new technologies. This study, examined industry's strategic objectives for establishing relationships with university research centers. As a result of this multimethod exploratory field study, we have identified three clusters of industrial firms with different strategic objectives: collegial players, aggressive players, and targeted players. Collegial players are predominately large firms working with university research centers on topics of interest to the firm which are perceived to have long-term value rather than the promise of immediate commercial opportunities. Aggressive players are a mix of both large 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 specific needs central to their business. We conclude this paper by discussing the implications of these findings for both industrial firms and universities.
Identifier
0035333441 (Scopus)
Publication Title
IEEE Transactions on Engineering Management
External Full Text Location
https://doi.org/10.1109/17.922475
ISSN
00189391
First Page
157
Last Page
163
Issue
2
Volume
48
Fund Ref
National Science Foundation
Recommended Citation
Santoro, Michael D. and Chakrabarti, Alok K., "Corporate strategic objectives for establishing relationships with university research centers" (2001). Faculty Publications. 15178.
https://digitalcommons.njit.edu/fac_pubs/15178