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Governance evolution in university-industry collaborative R&D programs

In: Research Handbook on the Governance of Projects

Author

Listed:
  • Gabriela Fernandes
  • David O’Sullivan

Abstract

Large research and development (R&D) programs benefit significantly from effective governance structures. Governance provides a program and its project teams with strategic direction. It also offers an opportunity to monitor progress and achieve planned benefits. Program governance provides project teams with authority and responsibility for managing quality, risk, and financial accountability. Collaborative programs involving multiple organizations have specific governance challenges, mainly when stakeholders include university and industry collaborators with different cultures and expectations regarding project benefits. This chapter presents insights into the roles and responsibilities of governance for a large university-industry collaboration R&D program. The chapter focuses on the evolution of governance structure across three key phases of its life cycle. It explores how the guiding principles of governance can be used to build trust among different collaborators. It then presents the evolution of three important governance aspects: context, configurations, and mechanisms. The chapter concludes with a key governance process in university-industry collaborative R&D-benefits management.

Suggested Citation

  • Gabriela Fernandes & David O’Sullivan, 2023. "Governance evolution in university-industry collaborative R&D programs," Chapters, in: Research Handbook on the Governance of Projects, chapter 34, pages 429-444, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:21314_34
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    File URL: https://www.elgaronline.com/doi/10.4337/9781802208078.00044
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