industry-university collaborations matter - elsevier...goals report 2016 upwards of 85% of global...
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Industry-University Collaborations Matter
October 30, 2018
PURE Meeting
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R&D SPENDING
Global
$1.7 trillion
U.S.
$511 billion
More than $58.3 million per hour
Source: 2016, unstats.un.org
The Sustainable Development
Goals Report 2016
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Upwards of 85% of global spending on research is wasted
Source: 2015, vox.com
Most Research Spending is Wasted on Bad
Studies. Thee Billionaires Want to Change
That.
R&D SPENDING
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U.S. University R&D
• $4.2B from Industry
• $72.0B overall
• 5.8%
4
Source: NSF – HERD
CALIBRATION POINT
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71% research universities
60% large corporations
53% startups
47% governmentAccording to a new Innovation Indicator survey from the Polsky Center for Entrepreneurship and Innovation at the University of Chicago
What fuels innovation
in the U.S.?
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U-I collaboration poses challenges and opportunities UIDP
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How do you measure ROI from a partnership? UIDP
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Awareness
Involvement
Support
Sponsorship
Traditional Engagement Holistic Engagement
University-Industry Relationship Continuum
• Career Fairs• Interviews
• Affinity Sponsorship
• Joint Partners
• Major Gifts
• Endowed Positions
• Collaborative Research
• Outreach Programs
• Technology Licensing
• Curriculum Support
• Research Support
• Workshops• Student Org
Funding• Philanthropic
Support
• Research Grants
• Internships/ Co-op
• Consortia• Capstone
Courses
Leve
l of
Enga
gem
en
t Strategic Partner
UIDP
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Company R&D strategy – often turbulent UIDP
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We spend too much time worrying about things that are unlikely to happen
UIDP
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Students, not patents, are the greatest source of technology transfer
UIDP
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Universities perceived as vendorsand much work is transactional
UIDP
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Universities don’t create products. They serve as catalyst for product development
UIDP
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Companies have to think globally UIDP
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Positioning yourself to maximize collaboration UIDP
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Develop a realistic identity UIDP
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Expand your approaches to partnering UIDP
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Role of government and its impact
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19 UIDP