Abstract
While advancing new technologies has not traditionally been a major focus of industry–university collaboration, this article stresses that industry–university alliances can be instrumental in facilitating the industrial firm's advancement of both knowledge and new technologies. To investigate this phenomenon, this study focuses on industry–university relationships within the context of university research centers. The results from this multi-method, cross-sectional study indicate that a positive, two-way linkage exists between the intensity of industry–university relationships and the level of tangible outcomes generated. Results also show that while organization size and length of relationship do not significantly affect these dynamics, the industrial firm's geographic proximity to the university research center does. The implications of these findings for both industrial firms and universities are discussed.
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