Industry-University Partnership in an Emerging Market Economy: Developing Innovative Leaders

Abstract

This paper explores an industry-university partnership and its role in developing innovative leaders in Russia. The authors apply to the field of study the analysis of a seven-year-experience of project-based learning, excelled by Perm National Research Polytechnic University in collaboration with large manufacturing enterprises and added governmental financial support. The findings reveal four success factors: philosophy of value co-creation, motivation of key participants, a project-based curriculum, as well as integrated and self-organized governance of such a partnership. The study contributes to extending the knowledge of new approaches in industry-university partnerships within emerging markets.