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An Evaluation System for University–Industry Partnership Sustainability: Enhancing Options for Entrepreneurial Universities

Author

Listed:
  • Artūras Kaklauskas

    (Department of Construction Management and Real Estate, Faculty of Civil Engineering, Vilnius Gediminas Technical University, Saulėtekio al. 11, 10223 Vilnius, Lithuania)

  • Audrius Banaitis

    (Department of Construction Management and Real Estate, Faculty of Civil Engineering, Vilnius Gediminas Technical University, Saulėtekio al. 11, 10223 Vilnius, Lithuania)

  • Fernando A. F. Ferreira

    (ISCTE Business School, BRU-IUL, University Institute of Lisbon, Avenida das Forças Armadas, 1649-026 Lisbon, Portugal
    Fogelman College of Business and Economics, University of Memphis, Memphis, TN 38152-3120, USA)

  • João J. M. Ferreira

    (Department of Business and Economics, NECE Research Unit, University of Beira Interior, Estrada do Sineiro, 6200-209 Covilhã, Portugal)

  • Dilanthi Amaratunga

    (Global Disaster Resilience Centre, School of Art, Design and Architecture, University of Huddersfield, QSBG/22 Queens Street Building, Queensgate, Huddersfield HD1 3DH, UK)

  • Natalija Lepkova

    (Department of Construction Management and Real Estate, Faculty of Civil Engineering, Vilnius Gediminas Technical University, Saulėtekio al. 11, 10223 Vilnius, Lithuania)

  • Ieva Ubartė

    (Department of Construction Management and Real Estate, Faculty of Civil Engineering, Vilnius Gediminas Technical University, Saulėtekio al. 11, 10223 Vilnius, Lithuania)

  • Nerija Banaitienė

    (Department of Construction Management and Real Estate, Faculty of Civil Engineering, Vilnius Gediminas Technical University, Saulėtekio al. 11, 10223 Vilnius, Lithuania)

Abstract

The concept of university–industry partnership sustainability (UIPS) stands for well-adjusted progress among key players from universities and industry by sustaining their welfare, both in the present and in the future. This paper sought to develop an evaluation system for UIPS. The need for such a system is justified at three levels: the micro level (i.e., research and innovation performance, transfer and absorptive capability, and technology development), the meso level (i.e., institutional arrangements, communication networks, and local and indigenous rules) and the macro level (i.e., supply and demand, regulations, financing, taxes, culture, traditions, market, climate, politics, demographics, and technology). The UIPS evaluation system developed in this study offers the possibility of calculating a fair value of UIPS and providing recommendations for improving university–industry (U–I) partnerships. This can be of great importance for entrepreneurial universities that would like to strengthen their corporate links and/or reduce/reverse the “hollowing effect” of globalisation in disadvantaged regions. Additionally, this paper also contains discussions on the advantages, limitations, and managerial implications of this proposal.

Suggested Citation

  • Artūras Kaklauskas & Audrius Banaitis & Fernando A. F. Ferreira & João J. M. Ferreira & Dilanthi Amaratunga & Natalija Lepkova & Ieva Ubartė & Nerija Banaitienė, 2018. "An Evaluation System for University–Industry Partnership Sustainability: Enhancing Options for Entrepreneurial Universities," Sustainability, MDPI, vol. 10(1), pages 1-17, January.
  • Handle: RePEc:gam:jsusta:v:10:y:2018:i:1:p:119-:d:125683
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    References listed on IDEAS

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    Cited by:

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    2. Jian Ming Luo & Ka Yin Chau & Chi Fung Lam & Guo Qiong Huang & Iok Teng Kou, 2018. "Attitudes of Undergraduate Students from University–Industry Partnership for Sustainable Development: A Case Study in Macau," Sustainability, MDPI, vol. 10(5), pages 1-13, April.
    3. Jiho Kang & Junseok Lee & Dongsik Jang & Sangsung Park, 2019. "A Methodology of Partner Selection for Sustainable Industry-University Cooperation Based on LDA Topic Model," Sustainability, MDPI, vol. 11(12), pages 1-16, June.
    4. Balzhan Orazbayeva & Carolin Plewa & Todd Davey & Victoria Galán-Muros, 2019. "The future of University-Business Cooperation: research and practice priorities," Post-Print hal-02880384, HAL.
    5. Stanley Murairwa, 2021. "A Sustainable Zimbabwe University – Industry Collaboration Framework," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 5(6), pages 160-168, June.
    6. Anifowose Oluwafemi Dele & Ngah Rohana & Abdullah Hasnie, 2023. "Student-Staff Partnerships, Internally Generated Revenue and Financial Inclusion towards Entrepreneurial Venture in Nigerian Universities: Systematic Review of Literature," Information Management and Business Review, AMH International, vol. 15(4), pages 586-602.

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