Symbiotic Partnerships

This chapter addresses sophisticated organization interactions via symbiotic partnerships. These arrangements are dynamic and high performing, yet organizations maintain their independence and identities as they commit to shared goals and productivity. Both organizations co-brand efforts and take joint ownership, accolades, and responsibility. These arrangements are typically multi-year and have potential for multiple interorganizational projects and initiatives. While philanthropic and transactional partnerships serve as a “courtship” based on attraction, compatibility, and initial interaction, symbiotic partnerships for academy-business relations progress to another plane.