Strategic Industry-University Partnerships

Strategic Industry-University Partnerships

Success-Factors from Innovative Companies

1st Edition - June 8, 2018

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  • Editors: Lars Frolund, Max Riedel
  • Paperback ISBN: 9780128109892
  • eBook ISBN: 9780128110010

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Strategic Industry-University Partnerships: Success-Factors from Innovative Companies unveils insights of experts from leading companies on managing partnerships with universities. Industry-university partnerships have proved vital to innovation, and although these partnerships can be challenging, careful choices and wise management around five success-factors leads to a systematic approach that unlocks value for both parties. University assessments of these partnerships have been widely described, but industry perspectives are less well understood. This volume captures observations of leading international corporations without omitting university views. It can serve all partners in alliances as a guide to strengthening their organizations.

Key Features

  • Unveils insights of experts from BMW, DuPont, Ferrovial, IBM, Novo Nordisk, Rolls-Royce, Schlumberger, and Siemens
  • Presents the key challenges of university-industry collaboration and how world-leading companies tackle them
  • Describes the success-factors for working with universities, such as selecting focus areas, university partners and collaboration formats in a systematic way and having the right organizational support and evaluation criteria


Graduate students, university administrators, and professionals worldwide involved in university-commercial collaborations

Table of Contents

  • 1. Overlapping Broad Innovation Horizons With Business Relevance: How BMW Group Defines Topics for Strategic Collaborations
    2. DuPont’s Global Collaboratory: Selecting University Partners Globally and How Does Industry Track University Relations for Success
    3. Successful Pharmaceutical Innovation—How Novo Nordisk Matches Academic Collaboration Models to Business Objectives
    4. Building Global Innovation Ecosystems though Public Private Partnerships: How IBM has Leveraged Academic Collaboration for 70+ Years
    5. Rolls-Royce University Technology Centres—Relationships Matter
    6. Siemens’ Centers of Knowledge Interchange
    7. The New Criteria for Measuring the Success of Industry-University Relations—Insights from Schlumberger
    8. Evaluating Solid Long-Term University-Industry Collaborations—Lessons Learnt From Ferrovial’s Strategic Cooperations

Product details

  • No. of pages: 230
  • Language: English
  • Copyright: © Academic Press 2018
  • Published: June 8, 2018
  • Imprint: Academic Press
  • Paperback ISBN: 9780128109892
  • eBook ISBN: 9780128110010

About the Editors

Lars Frolund

Dr. Lars Frølund is a visiting fellow and research director at MIT. In 2005, he established one of the first units for university-industry collaboration in Denmark. He has since worked intensively to develop strategic collaborations between research and private companies.

Affiliations and Expertise

MIT, United States

Max Riedel

Dr. Max Riedel is senior consultant at Siemens Corporate Technology University Relations. His daily tasks include consulting Siemens businesses in all aspects of university cooperation, ranging from developing a partnering strategy over finding suitable research partners to fostering long-term strategic cooperation. He is also key account manager for two of Siemens’ Strategic Partner Universities.

Affiliations and Expertise

Siemens AG

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  • DavidCameron Fri May 24 2019

    Excellent examples to industrial strategy for interaction with Universities

    I am a manager in a university research centre that collaborates formally with 14 companies, 2 of which have supplied essays in this book. The practical examples given here have been helpful in developing our understanding of our role and how the companies we work with think. We have used the Collaboration Canvas that is introduced here successfully to engage our partners.