Date Added: Aug 2010
The effectiveness and manageability of collaborations between universities and companies are extremely significant in the period when cooperative R&D projects enjoy increased support. University-corporate relationships may imply a lot of advantages that can yield significant potential added value for all participants. This added value can be translated as contribution to human resource development, access to additional resources, learning impacts, other social gains, or the sum of the synergies of all these benefits. The precondition for the success of these unique business-nonbusiness collaborations is the management of projects implemented within the framework of cooperation, as well as the management of the entire cooperation.