Sustaining Long-Term Success of Academy-Business Relationships

Abstract

This chapter reflects on the other chapters in the book with an emphasis on turmoil and flux in both higher education and business. Major concerns include self-preservation, resource management, and transformational purposes. Separately, the academy and for-profit realms are facing complex issues. Once involved in inter-organizational partnerships, maintenance of successful relationships is promoted through organizational learning, collaborative cognition, and ethics. Again, issues and viewpoints from each direction are summarized and discussed: a business perspective and the academy's perspective. With fewer than 50 years of attention in this area and minimal organized research, the need for more and deeper exploration and inquiry are paramount and outlined.