The importance of the university-company relationship has been growing in innovation studies, as the university is a great source of information for the innovative needs of companies. The objective of this work was to discuss the university-company relationship, considering the concepts of triple, quadruple and quintuple helix as factors that promote innovation. The methodology used was based on a systematic literature review, which presents a synthesis of the multiple articles evaluated and used. The evaluated results made it possible to highlight numerous advantages, barriers, facilitators and aspects that stimulate this relationship. Furthermore, it was possible to see how innovation, entrepreneurship and technological knowledge are important in the university-company relationship, showing that there is a need to stimulate this relationship with the aim of reducing the relationship barriers identified, as, in the current context of globalization and high-level technology development, this cooperation is of great importance for the country, positively influencing technological advances.
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