This study analyzed the process of commercialization through the industry and university collaboration, in order to reveal the prerequisite factors for successful collaboration in each stage of foundation, research, development and commercialization.
The most important things found in this study are the detailed business plan, the mind and leadership of the partnering company. The study also suggests other important factors as follows: 1) core competence of a company, 2) research potential of a university, 3) matching of needs and seeds, 4) each member's autonomous action and its appropriate management, 5) continuous collaboration.
Based on the concrete cooperative research project and its process analysis, the R&D stage map for the industry-university collaboration is proposed in order to effectively manage the collaborative activities from cooperative research to development and commercialization. The map can be applicable to lead the autonomous action of members involved and its appropriate management. An increased number of analytical cases would be required to improve the map and verify the effectiveness of this model.
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