Monday, 23 May 2005 - 11:15 AM

This presentation is part of: Strategies for Growth: How a “Small” Company can become a “Big” Player

Growing Your Business by Partnering with Universities

Kathleen W. Scotto, The University of Medicine and Dentistry of New Jersey, New Brunswick, NJ

Facing rapid advances in technology and increased competition in the international marketplace, mutually productive liaisons between industry and universities are rapidly becoming more of the rule than the exception. While research partnerships between academics and industry have traveled a rocky road, recent changes in economics, scientific culture and government regulations have fueled a new determination to make these relationships both seamless and mutually beneficial. This talk will present a brief overview of the history of industry/academic relationships, including some examples of well-known successful interactions as well as discussion of some of the “perils and pitfalls” faced by both partners when establishing and undertaking these collaborative efforts. The primary focus will be on the current opportunities for successful collaborations between industry and university partners and discussion of the future of industry/academic relationships with respect to the changes in both infrastructure and philosophy that may be required to create an optimal partnership.

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