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Aligning the Real Sector Production with Human Development: Exploring Role of Multi-sector Collaboration

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  • Rukhsana Kalim

    (University of Management and Technology)

  • Noman Arshed

    (University of Management and Technology)

  • Waqas Ahmad

    (University of Management and Technology)

Abstract

In pursuit of bridging the gap between academia and industry for competitive advantage, the important strategy is to develop a quantitative indicator of University-Industry Collaboration (UIC). World Economic Forum first developed this notion in 2007. Theoretical and qualitative empirical studies have advocated the pivotal role of UIC. This study extends the investigation by exploring UIC's role in moderating real sector production towards social sustainability using the Human Development Index (HDI). The results show that the moderating role of collaboration is different for a different development levels, whereby collaboration transforms the negative effect of dominant real sector to align with human development.

Suggested Citation

  • Rukhsana Kalim & Noman Arshed & Waqas Ahmad, 2021. "Aligning the Real Sector Production with Human Development: Exploring Role of Multi-sector Collaboration," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 157(3), pages 955-976, October.
    • Handle: RePEc:spr:soinre:v:157:y:2021:i:3:d:10.1007_s11205-021-02684-w
    DOI: 10.1007/s11205-021-02684-w
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