STRATEGIC PARTNERSHIP MODELS BETWEEN UNIVERSITIES AND BUSINESS

Keywords: strategic partnership, model of strategic partnership business-science-education, university, economic university, business, strategic management, organisational structure of interaction between university and business environment

Abstract

For universities, the prerequisites for strategic partnerships between universities and businesses are high-quality training of students, commercialisation of research and development, and practical training of students; for businesses, the search for talented graduates, access to new business ideas and innovations. Therefore, cooperation between universities and businesses has become widespread, but not all cooperation agreements are strategic partnerships. The purpose of the article is to study the practice of strategic partnerships between universities and businesses, identify the motives and forms of cooperation, develop a model of strategic partnerships between universities and businesses, and determine the organisational structure of interaction between the university and the business environment. Research methods: analysis of publications on the results of cooperation between universities and business, modelling of strategic cooperation between universities and business. The subject and forms of university-business partnerships are defined, the motivation of both parties to cooperate is clarified. The model of ‘business science-education (BSE)’ is proposed: vectors of strategic partnership between university and business. The modifications of the BSE model are determined depending on the interests of which participant of the triad are dominant: entrepreneurial, research, educational, hybrid. The organisational structure of interaction between the university and the business environment is developed. The practical value of the study lies in the development of a model of strategic partnership between universities and business, which can be used in various modifications depending on the predominance of interests of individual participants in the partnership. An ordered list of the subject matter and forms of strategic partnership between universities and business is presented, indicating the interests of the partnership participants. The organisational structure of strategic partnership between universities and business is proposed.

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2. Danquah, M.M., Onyancha, O.B. and Avuglah, B.K. (2025), Patterns and trends of university-industry research collaboration in Ghana between 2011 and 2020. Information Discovery and Delivery, Vol. 53 No. 1, pp. 90-108. Available at: https://doi.org/10.1108/IDD-11-2022-0122 (accessed April 02, 2025)
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Published
2025-04-28
How to Cite
Vostriakov, O., & Prokhorova, Y. (2025). STRATEGIC PARTNERSHIP MODELS BETWEEN UNIVERSITIES AND BUSINESS. Economy and Society, (74). https://doi.org/10.32782/2524-0072/2025-74-59
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MANAGEMENT

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