Abstract
The article presents an overview of how is structured the process of cooperation between University and business segment in world and proposes guidelines for implementation and strengthening of the process in Latin American universities. The results indicate that knowledge transfer is a routine practice in Asian universities, European and North American, especially from the nineteenth century with the advent of the University of Research. The emergence of a new University, more open, interactive and entrepreneurial in all fronts of action, is evident in the thoughts of authors who compose the text, and consolidates the most academic that the University may only meet its principles and purposes if has the freedom to produce, systematize and make available to society the results of research and educational projects. It proposes the creation of an Agency for Technological Innovation, as an important interface in this new model of university, aligned with the needs of society and trends in a globalized world.
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