The governance of formal university-industry interactions: Understanding the rationales for alternative models

Isabel Maria Bodas Freitas, Aldo Geuna and Federica Rossi

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Abstract: This article develops a conceptual framework to explain the economic rationales underpinning the choice of different modes of governance of formal university-industry interactions: personal contractual interactions, where the contract regulating the collaboration involves a firm and an individual academic researcher, and institutional interactions, where the relationship between the firm and the academic is mediated by the university. Although institutional interactions, for numerous reasons, have become more important, both governance modes are currently being implemented; we would argue that they have some important specificities that need to be understood if university-industry knowledge transfer is to be managed effectively and efficiently.

Keywords: University-industry interactions; governance modes; knowledge transfer; academic consulting; transaction costs; appropriability (search for similar items in EconPapers)
Date: 2012
Note: View the original document on HAL open archive server: http://hal.grenoble-em.com/hal-01487508
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Published in Prometheus, 2012, 30 (1), pp.29 - 45. ⟨10.1080/08109028.2012.676841⟩

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Working Paper: The governance of formal university-industry interactions: Understanding the rationales for alternative models (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01487508

DOI: 10.1080/08109028.2012.676841

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