Abstract
Cooperation between university and industry/business for innovation and education is important particularly due to uncertainty in economies, increase competitive global markets and low growing prospects. There is necessaryto look what are most important topics that, practitioners, policymakers and researchers need to advance in the next years, why these topics are important and which approaches are needed to address these topics.In this paper one of such topics is addressed within cooperation with Small and medium sized companies (SMEs) which are drivers of Europe’s economycompanies.This paper will explore how to enhance the ability of SMEs to become more innovative by exploiting researchskills and knowledge being created in third level institutes.
Highlights
It is widely recognized that the cooperation between university and industry/business for innovation and education is important due to uncertainty in economies, increase competitive global markets and low growing prospects
This paper explores the innovation barriers faced by small companies, challenges they face when collaborating with universities and it explores if workplace research skills can potentially offer a method to enhance the absorptive capacity of small companies
It is important to understand industry needs that are sometimes difficult because industry does not know/express what it wants or does not understand the research process
Summary
It is widely recognized that the cooperation between university and industry/business for innovation and education is important due to uncertainty in economies, increase competitive global markets and low growing prospects. This paper will explore how to enhance the ability of SMEs to become more innovative byexploiting the skills and knowledge being created in third level institutes.
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