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The Role of Open Innovation in Business-University R&D Collaborations

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Open Innovation through Strategic Alliances
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Abstract

The role of universities in the development and transmission of new knowledge has been well recognized. Many cutting-edge scientific inquiries and innovations—including stem-cell applications, alternative energies, social networking, and cloud computing—have emerged as a result of university research endeavors that are often conducted in collaborations with businesses. With the widespread adoption of open innovation by business firms, universities have become a hub of new knowledge generation and have been instrumental in the development of new products and technologies.

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© 2014 Refik Culpan

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Chinta, R., Culpan, R. (2014). The Role of Open Innovation in Business-University R&D Collaborations. In: Culpan, R. (eds) Open Innovation through Strategic Alliances. Palgrave Macmillan, New York. https://doi.org/10.1057/9781137394507_8

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