IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v15y2022i1p319-d1014488.html
   My bibliography  Save this article

Risk Management in University–Industry R&D Collaboration Programs: A Stakeholder Perspective

Author

Listed:
  • Gabriela Fernandes

    (CEMMPRE, Department of Mechanical Engineering, University of Coimbra, 3030-788 Coimbra, Portugal)

  • Joana Domingues

    (ALGORITMI, Department of Production and Systems, University of Minho, 4800-058 Guimarães, Portugal)

  • Anabela Tereso

    (ALGORITMI, Department of Production and Systems, University of Minho, 4800-058 Guimarães, Portugal)

  • Camilo Micán

    (School of Industrial Engineering, Universidad del Valle, Cali 760034, Colombia)

  • Madalena Araújo

    (ALGORITMI, Department of Production and Systems, University of Minho, 4800-058 Guimarães, Portugal)

Abstract

Current knowledge of risk management (RM) is mainly limited to single organizations. This paper investigates RM practices from a stakeholders’ perspective applicable to university–industry R&D collaboration (UIC) programs, a particular form of inter-organizational relationship. With a view to reducing the negative impact of risk associated with such UICs, and, as a result, increasing the success rate of the related programs and projects, an RM methodology has been developed from the perspective of the main stakeholders. The results reported here are based on a large-scale UIC between the Bosch Car Multimedia in Portugal and the University of Minho. Three research methods were applied in a complementary way: participant observation over seven years, analysis of various documents supporting the management of the programs and projects, and focus group involving seven key participants from different roles. The proposed RM methodology takes into account the three main stakeholders and their respective RM roles—Program Manager, Program and Project Management Officer, and Project Manager—and helps to manage the risks incurred by a UIC program while, at the same time, emphasizing the importance of taking the stakeholders’ perspective. In inter-organizational contexts, particularly in the case of university and industry, where there is a cultural gap between members, misunderstandings may occur about the role each key stakeholder should play. This paper provides a comprehensive guideline for the application of the methodology by means of a proposed set of specific RM practices. However, the research was conducted using a single case study, therefore limiting the results’ potential for generalization.

Suggested Citation

  • Gabriela Fernandes & Joana Domingues & Anabela Tereso & Camilo Micán & Madalena Araújo, 2022. "Risk Management in University–Industry R&D Collaboration Programs: A Stakeholder Perspective," Sustainability, MDPI, vol. 15(1), pages 1-19, December.
    • Handle: RePEc:gam:jsusta:v:15:y:2022:i:1:p:319-:d:1014488
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/15/1/319/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/15/1/319/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Maria Krechowicz, 2022. "Towards Sustainable Project Management: Evaluation of Relationship-Specific Risks and Risk Determinants Threatening to Achieve the Intended Benefit of Interorganizational Cooperation in Engineering Pr," Sustainability, MDPI, vol. 14(5), pages 1-24, March.
    2. Xianbo Zhao & Bon-Gang Hwang & Sui Pheng Low, 2013. "Critical success factors for enterprise risk management in Chinese construction companies," Construction Management and Economics, Taylor & Francis Journals, vol. 31(12), pages 1199-1214, December.
    3. Petr Hanel & Marc St-Pierre, 2006. "Industry–University Collaboration by Canadian Manufacturing Firms," The Journal of Technology Transfer, Springer, vol. 31(4), pages 485-499, July.
    4. Bruneel, Johan & D'Este, Pablo & Salter, Ammon, 2010. "Investigating the factors that diminish the barriers to university-industry collaboration," Research Policy, Elsevier, vol. 39(7), pages 858-868, September.
    5. Lee, Yong S, 2000. "The Sustainability of University-Industry Research Collaboration: An Empirical Assessment," The Journal of Technology Transfer, Springer, vol. 25(2), pages 111-133, June.
    6. Rocío Rodríguez-Rivero & Isabel Ortiz-Marcos, 2022. "The methodology of the Logical Framework with a Risk Management Approach to Improve the Sustainability in the International Development Projects," Sustainability, MDPI, vol. 14(2), pages 1-14, January.
    7. Nishimura, Junichi & Okamuro, Hiroyuki, 2018. "Internal and external discipline: The effect of project leadership and government monitoring on the performance of publicly funded R&D consortia," Research Policy, Elsevier, vol. 47(5), pages 840-853.
    8. Collins, Steven & Wakoh, Hikoji, 2000. "Universities and Technology Transfer in Japan: Recent Reforms in Historical Perspective," The Journal of Technology Transfer, Springer, vol. 25(2), pages 213-222, June.
    9. Barnes, Tina & Pashby, Ian & Gibbons, Anne, 2002. "Effective University - Industry Interaction:: A Multi-case Evaluation of Collaborative R&D Projects," European Management Journal, Elsevier, vol. 20(3), pages 272-285, June.
    10. Teller, Juliane & Kock, Alexander, 2013. "An Empirical Investigation on How Portfolio Risk Management Influences Project Portfolio Success," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 63248, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Victoria Galan-Muros & Todd Davey, 2019. "The UBC ecosystem: putting together a comprehensive framework for university-business cooperation," The Journal of Technology Transfer, Springer, vol. 44(4), pages 1311-1346, August.
    2. Barry Bozeman & Daniel Fay & Catherine Slade, 2013. "Research collaboration in universities and academic entrepreneurship: the-state-of-the-art," The Journal of Technology Transfer, Springer, vol. 38(1), pages 1-67, February.
    3. Gabriela Fernandes & David O’Sullivan, 2023. "Project management practices in major university-industry R&D collaboration programs – a case study," The Journal of Technology Transfer, Springer, vol. 48(1), pages 361-391, February.
    4. Chung, Jaemin & Ko, Namuk & Yoon, Janghyeok, 2021. "Inventor group identification approach for selecting university-industry collaboration partners," Technological Forecasting and Social Change, Elsevier, vol. 171(C).
    5. Ankrah, Samuel & AL-Tabbaa, Omar, 2015. "Universities–industry collaboration: A systematic review," Scandinavian Journal of Management, Elsevier, vol. 31(3), pages 387-408.
    6. Borah, Dhruba & Massini, Silvia & Malik, Khaleel, 2023. "Teaching benefits of multi-helix university-industry research collaborations: Towards a holistic framework," Research Policy, Elsevier, vol. 52(8).
    7. Zhang, Yi & Chen, Kaihua & Fu, Xiaolan, 2019. "Scientific effects of Triple Helix interactions among research institutes, industries and universities," Technovation, Elsevier, vol. 86, pages 33-47.
    8. Roberto Iorio & Sandrine Labory & Francesco Rentocchini, 2014. "Academics’ Motivations and Depth and Breadth of Knowledge Transfer Activities," Working Papers 1401, c.MET-05 - Centro Interuniversitario di Economia Applicata alle Politiche per L'industria, lo Sviluppo locale e l'Internazionalizzazione.
    9. Cooley, Savannah & Jenkins, Amber & Schaeffer, Blake & Bormann, Kat J. & Abdallah, Adel & Melton, Forrest & Granger, Stephanie & Graczyk, Indrani, 2022. "Paths to research-driven decision making in the realms of environment and water," Technology in Society, Elsevier, vol. 70(C).
    10. Gibson, Elizabeth & Daim, Tugrul U. & Dabic, Marina, 2019. "Evaluating university industry collaborative research centers," Technological Forecasting and Social Change, Elsevier, vol. 146(C), pages 181-202.
    11. Sintov, Nicole D. & Schuitema, Geertje, 2018. "Odd couple or perfect pair? Tensions and recommendations for social scientist-industry partnerships in energy research," Energy Policy, Elsevier, vol. 117(C), pages 247-251.
    12. Bodas Freitas Isabel Maria & Federica Rossi & Aldo Geuna, 2014. "Collaboration objectives and the location of the university partner: Evidence from the Piedmont region in Italy," Papers in Regional Science, Wiley Blackwell, vol. 93, pages 203-226, November.
    13. Taheri, Mozhdeh & van Geenhuizen, Marina, 2016. "Teams' boundary-spanning capacity at university: Performance of technology projects in commercialization," Technological Forecasting and Social Change, Elsevier, vol. 111(C), pages 31-43.
    14. Hiroyuki Okamuro & Junichi Nishimura, 2013. "Impact of university intellectual property policy on the performance of university-industry research collaboration," The Journal of Technology Transfer, Springer, vol. 38(3), pages 273-301, June.
    15. Jungpyo Lee & So Young Sohn, 2017. "What makes the first forward citation of a patent occur earlier?," Scientometrics, Springer;Akadémiai Kiadó, vol. 113(1), pages 279-298, October.
    16. Massimo G. Colombo & Massimiliano Guerini & Cristina Rossi-Lamastra & Andrea Bonaccorsi, 2022. "The “first match” between high-tech entrepreneurial ventures and universities: the role of founders’ social ties," The Journal of Technology Transfer, Springer, vol. 47(1), pages 270-306, February.
    17. He, Vivianna Fang & von Krogh, Georg & Sirén, Charlotta & Gersdorf, Thomas, 2021. "Asymmetries between partners and the success of university-industry research collaborations," Research Policy, Elsevier, vol. 50(10).
    18. Uwe Cantner & Martin Kalthaus & Indira Yarullina, 2024. "Outcomes of science-industry collaboration: factors and interdependencies," The Journal of Technology Transfer, Springer, vol. 49(2), pages 542-580, April.
    19. Yung-Chi Shen, 2017. "Identifying the key barriers and their interrelationships impeding the university technology transfer in Taiwan: a multi-stakeholder perspective," Quality & Quantity: International Journal of Methodology, Springer, vol. 51(6), pages 2865-2884, November.
    20. Amara, Nabil & Olmos-Peñuela, Julia & Fernández-de-Lucio, Ignacio, 2019. "Overcoming the “lost before translation” problem: An exploratory study," Research Policy, Elsevier, vol. 48(1), pages 22-36.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:15:y:2022:i:1:p:319-:d:1014488. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.