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Industry Academia Linkages I-A-L
Collaboration between universities and industries is critical for:
■ Skill Development (Education & Training)
■ Acquisition and adoption of knowledge (Innovation & technology Transfer)
■ Entrepreneurship (Starts ups & Spin offs)
Benefits of I-A-L
■ Coordinate R& D agendas
■ Avoid duplications
■ Stimulate R& D investments
■ Exploit synergies
■ Complementarities of scientific and technological capabilities
For Example:
■ A secured future for aspirants, less time and capital invested on grooming fresher, and
financial backing to the partner academic institutes.
■ An important parameter of success for any B-school is its ability to offer corporate
interface for its students, which enhances their practical knowledge to face the corporate
world.
Objectives
■ Major source of research funding for academia.
■ Industry gains valuable insight from key opinion leaders.
■ Complementary capabilities and skill sets.
■ Industry trends and practices.
■ Designing the course curriculum and other value added programmes based on
industry requirements.
■ Source for external project sponsored by the companies.
■ Bring-in consultancy project.
■ Create employable students “Industry-ready students”.
■ Curricula, faculty, infrastructure, pedagogy improvements in line with the industry’s
requirements of demand for skilled professionals.
Different Priorities at different stages of economic
development
Most developed countries Least developed countries
Teaching Private participation in graduate Curricula development to improve
University programs. undergraduate and graduate studies
Joint supervision of PhD students Student internships
Research Research consortia and long term Building absorptive capacity to adopt and
University research partnerships to conduct diffuse already existing technologies
frontier research
Focus on appropriate technologies to
respond to local need