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    Industry practices supporting knowledge exchange: lessons from firms that successfully interact with universities

    De Silva, Muthu and Rossi, Federica (2014) Industry practices supporting knowledge exchange: lessons from firms that successfully interact with universities. In: Academy of Management Conference, 1-5 Aug 2014, Philadelphia, US.

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    Building upon an original survey of about 200 UK companies, this paper aims to investigate what are the firm and industry-level practices that support successful knowledge exchange between university and industry. In particular, it explores what practices companies engage in and how different practices influence the probability to successfully achieve different knowledge exchange objectives of businesses when interacting with universities, focus in particular on two types of objectives: those linked to accessing university knowledge, and those linked to co-creating knowledge together with universities in order to address complex business challenges. We find that while most businesses are generally able to successfully access university knowledge, knowledge co-creation is difficult for a significant proportion of companies. The adoption of good practices enables firms to successfully engage in knowledge exchange. However, the suitability of practices varies depending on the nature of knowledge exchange. The adoption of linkage good practices - such as using institutions that link academics and companies, search engines to find academics/ institutions and innovation voucher scheme- is the key to successfully accessing university knowledge. On the other hand, the adoption of behaviour and negotiation practices - such as openness, trust, transparency, team level communications, shared understanding and negotiations - enables universities and businesses to closely work together to successfully co-create knowledge.


    Item Type: Conference or Workshop Item (Paper)
    Keyword(s) / Subject(s): business, good practice, knowledge exchange
    School: Birkbeck Faculties and Schools > Faculty of Business and Law > Birkbeck Business School
    Research Centres and Institutes: Innovation Management Research, Birkbeck Centre for
    Depositing User: Administrator
    Date Deposited: 30 Jun 2015 09:33
    Last Modified: 02 Aug 2023 17:40


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