Abstract
A new type of university—industry relationship has developed in the 1980s that centers around the process of technology transfer from research universities to private firms. One expression of this new, closer relationship is the several university—industry research centers in microelectronics, of which the Microelectronics and Computer Technology Corporation (MCC) in Austin, Texas is the most noted example. The universities, private companies, and federal, state, and local governments all seem to benefit from the new university—industry relationships, but certain problems may accompany these benefits. The main hope-for result of industry—university collaboration is the rise of high-technology spin-off firms. The information technologies produced by the microelectronics industry are driving the Information Society.
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