Abstract
Academia-industry collaboration has an essential role in enhancing the level of innovation in university and industry and encouraging economic development. It has been cited useful many learning models like organizational learning and transformational learning. However, previous studies lacked empirical quantitative analysis of collaboration determining factors. This study explores the econometric investigation of how different business, institutional and economic factors explain university-industry collaboration at a national level for the 139 countries between 2007 and 2018. Feasible generalized least square method has been used to explore this panel data analysis, whereby the effects of variables are different for different income groups. The estimation outcomes will provide strategic policy roadmap in developing a multisectoral collaborative environment.
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