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University–Industry Collaboration: A Sustainable Technology Transfer Model

Author

Listed:
  • Antonia Terán-Bustamante

    (Facultad de Ciencias Económicas y Empresariales, Universidad Panamericana, Augusto Rodin 498, Ciudad de México 03920, Mexico)

  • Antonieta Martínez-Velasco

    (Facultad de Ingeniería, Universidad Panamericana, Augusto Rodin 498, Ciudad de México 03920, Mexico)

  • Andrée Marie López-Fernández

    (Facultad de Ciencias Económicas y Empresariales, Universidad Panamericana, Augusto Rodin 498, Ciudad de México 03920, Mexico)

Abstract

Faced with the pandemic caused by COVID-19, universities worldwide are giving a powerful response to support their communities. One way to provide support is via the collaboration between universities and industries, allowing the co-creation of knowledge that leads to innovation. Historically, universities, as knowledge-intensive organizations (KIOs), have produced knowledge through research. At present, its important contribution to countries’ economy is widely recognized through the development of new knowledge and technical know-how. Universities are a source of innovation for firms, which ultimately translates into social welfare improvements. The objective of this research is to analyze the university–firm linkage. The methodological strategy is carried out using Bayesian networks through a model where the main elements of university–industry linking, which impact competitiveness and innovation, are identified and quantified. The technology transfer model shows that the most crucial processes are Technology Strategy, Value Proposal, Knowledge Management, Control and Monitoring, Innovation Management, Needs Detection, Knowledge Creation, New Products and Services, and Absorption Capacity.

Suggested Citation

  • Antonia Terán-Bustamante & Antonieta Martínez-Velasco & Andrée Marie López-Fernández, 2021. "University–Industry Collaboration: A Sustainable Technology Transfer Model," Administrative Sciences, MDPI, vol. 11(4), pages 1-17, November.
    • Handle: RePEc:gam:jadmsc:v:11:y:2021:i:4:p:142-:d:687736
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    References listed on IDEAS

    as
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    2. Wesley M. Cohen & Richard R. Nelson & John P. Walsh, 2003. "Links and Impacts: The Influence of Public Research on Industrial R&D," Chapters, in: Aldo Geuna & Ammon J. Salter & W. Edward Steinmueller (ed.), Science and Innovation, chapter 4, Edward Elgar Publishing.
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