On Industry—Academia Collaboration for iKBE
It is noticed that an evolution of perception and implementation of academia- industry linkage is emerging from operational activities towards more of a strategic partnership (in many cases facilitated by governmental programmes) for producing joint knowledge and economical outcomes. The engineering, science, and technology domains play the vast majority of roles in the emerging roles of twenty-first-century universities and their engagement and transfer relationships with industry and society (Davey et al. 2011).
Several terminologies are used in the literature to describe the interactions, transactions, and relations between the academic and the industrial/business sectors, such as “The Education—Business Cooperation,” “Industry-Academia Linkage,” “Industry-University Cooperation,” “Technology Transfer,” “Knowledge Transfer,” and “Innovation Diffusion,”. We coin the term technology, innovation, and knowledge and assets transfer (TIKAT) as a holistic representation for academia socio-economic engagement and impact for industry/business, government, and society. In this chapter, we provide details of some well-developed frameworks from Europe and the USA; these frameworks are briefly described in the next sections.