COLLABORATION OF BUSINESS AND UNIVERSITIES FOR ECONOMIC PROSPERITY  

Abstract

The landscape of business-university collaboration consists of a large number of highly diverse domains – for example, applied research in advanced technologies, in-company up skilling of employees, bespoke collaborative degree programs, science park developments, enterprise education, entrepreneurial support for staff and students, higher-level apprenticeships, skills development of post doctoral staff. A second dimension of each domain is defined by industry sector. Similarly the needs of business align with different domains and it is not unusual for a business to collaborate with several universities in meeting those needs. To achieve world leadership in business–university collaboration, all domains must attain excellence. It is necessary to understand the entire landscape of collaboration in order to ensure that policy intended to improve performance in one domain does not adversely affect performance in another. Knowledge of the effectiveness of the domains in this landscape is currently dispersed and in some domains is dominated by anecdote rather than evidence. A source of authoritative knowledge should be established, a source with a governance structure where business and university leaders sit as equals. In order to enhance graduate skills levels and ensure a smooth and effective transition between university and business environments, there is a need to increase opportunities for students to acquire relevant work experience during their studies. Sandwich degree programs, internships and work-based programs all have roles to play in achieving this. Further, measures to promote progression into high-level apprenticeships need to be introduced in order to meet business needs. Government has a role to play in both these fields through funding support and regulatory changes. There is existing and expanding good practice in business-university collaboration in degree program design, delivery and sponsorship. This has clear advantages for the company, the student and the university. Where the business-university collaboration supports students who are not a burden on the public purse, government should ensure that the development of such programs, and the consequential opportunities for students, are not inhibited by regulation.

Authors and Affiliations

Anna Protsiuk

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  • EP ID EP99032
  • DOI -
  • Views 110
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How To Cite

Anna Protsiuk (2013). COLLABORATION OF BUSINESS AND UNIVERSITIES FOR ECONOMIC PROSPERITY  . Role of Higher Education Institutions in Society: Challenges, Tendencies and Perspectives, 1(2), 228-231. https://europub.co.uk/articles/-A-99032