Abstract
Background and objective: The lack of human and intellectual resources and capital has affected the survival of different industries and organizations in this globally competitive world. Universities have failed to provide necessary human resources to these organizations. The coordination between industries and universities is not optimal. Such challenges are being faced in the United Arab Emirates (UAE); therefore, there is a need to investigate the reasons behind these challenges to develop an ideal university-industry relationship in UAE. The present study aims to evaluate the missing links in the relationships between universities and industries of UAE. Methods: A quantitative research design has been used to recruit 100 department heads and senior professors from 20 public and private universities in the UAE. Descriptive statistics, regression analysis and factor analysis have been used to analyze the data collected through SPSS v.20. Results: The results have shown a significant and positive impact of intellectual property (IP) policies (p = 0.045) and scientific knowledge (p = 0.023) on knowledge transfer; IP policies (p = 0.067), shared governance (p = 0.018) and scientific knowledge (p = 0.017) on trust; IP policies (p = 0.069), shared governance (p = 0.034) and scientific knowledge (p = 0.018) on innovation performance. Conclusion: The findings have suggested that the role of interorganizational governance mechanisms is important in university industry collaborations to increase trust, innovation, and shared governance.
Highlights
Organizations and industries cannot work in isolation to foster economic growth and create new ideas for innovation
This approach has provided the researcher an opportunity to examine the factors that influence the relationship between the university and industry
The findings have indicated that basic research (r = 0.076), UI collaboration on experience (r = .019), intellectual property (IP) policies (r = .094), shared governance (r = 0.067), trust (r = 0.045) and knowledge transfer (r = 0.011) are positively and significantly correlated with shared knowledge, trust formation and innovative performance
Summary
Organizations and industries cannot work in isolation to foster economic growth and create new ideas for innovation. The demand for strategic and deliberate relationship between universities and industries goes far beyond the traditional funding of research projects. Technological advances and wide-spread increase in global knowledge have increased the need for effective collaboration between university and industry. Communication and cultural division disrupt the relationship between the university and industry; and undercut the potential for a successful collaboration between them. The lack of human and intellectual resources and capital has affected the survival of different industries and organizations in this globally competitive world. The coordination between industries and universities is not optimal. The present study aims to evaluate the missing links in the relationships between universities and industries of UAE. Conclusion: The findings have suggested that the role of interorganizational governance mechanisms is important in university industry collaborations to increase trust, innovation, and shared governance
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