There is a necessity to understand the effects of the globalization on the labor market concerning job markets. The economic and cultural growth and the ability of renewal are the fundamental objectives of every country, and they should also be the main objective of developing and in-transition countries. This is, particularly important in European Eastern countries. The article analyses university-enterprise partnership projects of the European Union. A series of recommendations has been elaborated for Higher Education Institutions, in particular, European Universities intending to progress further with the critical dimension of University-Enterprise cooperation as one of the key elements to enhance their competitiveness, and contribute to EU policy and activities in this area. These recommendations will be based on the findings of the online survey, the case studies and the discussions between all stakeholders of the European Conference held in Bonn on 18-19 June 2007. The qualitative effectiveness of the “higher education product” depends conclusively on the human components – teacher, in the first place, their behavior, competence, and attitudes.