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Facilitating Effective Science-Industry Collaborative Research: A Literature Review
Existing research indicates that science-industry collaborative research might be a powerful source of innovation and an important factor of high innovation performance and economic growth. Although a number of public policy initiatives promote collaborative research, its potential is still not being adequately reached. This paper presents a review of existing literature on science-industry collaborative research. It elaborates and discusses motives and determinants of collaborative research, and identifies obstacles to joint science-industry research, from both the companies’ and public research organizations’ perspective. Based on the literature review, the paper provides recommendations for innovation policies.
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