Innovation through Collaboration: Company-University Partnership Strategies

Open Innovation, through partnerships across a community such as a network of university researchers, is an alternative mechanism to stimulate corporate growth and build value in contrast to proprietary innovation. In this paper, we build on our experience and strategies presented at previous workshops. We outline a business process model based on use cases for establishing and leveraging company-university collaborations, both to extract value in terms of the development and inspiration of new intellectual property and the recruitment of top technical university talent.