University-Industry Collaboration and Research Commercialization in Australia: A Review Article
This review examines the literature on university-industry collaboration (UIC) and research commercialization in Australia, focusing on benefits, challenges, and strategies for enhancement. A structured review of 73 articles published between 2000 and 2024 was conducted using extensive database quer...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Regional Information Center for Science and Technology (RICeST)
2025-07-01
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| Series: | International Journal of Information Science and Management |
| Subjects: | |
| Online Access: | https://ijism.isc.ac/article_723532_821456fe1b5a2e41cc7572ac008aec29.pdf |
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| Summary: | This review examines the literature on university-industry collaboration (UIC) and research commercialization in Australia, focusing on benefits, challenges, and strategies for enhancement. A structured review of 73 articles published between 2000 and 2024 was conducted using extensive database queries and targeted searches in specialized journals. The findings reveal that significant challenges persist while Australia has made progress through initiatives such as Cooperative Research Centers, University Commercialization Offices, and University Accelerators. These include cultural differences between academia and industry, resource constraints, and the need for more effective policy frameworks. This review identifies key strategies for improving UIC, including organizational restructuring, policy reforms, and educational initiatives. Emphasis is placed on balancing commercial outcomes with broader societal benefits, refining impact measurement methods, developing place-based innovation systems, and supporting academic entrepreneurship. Several research gaps are highlighted, such as the need for discipline-specific collaboration models, evaluations of policy effectiveness, and regional innovation ecosystems. The article offers recommendations for government, universities, and industry stakeholders, including developing more flexible funding models, enhancing commercialization support structures, and creating simplified collaboration frameworks. This review contributes to the field by thoroughly analyzing the UIC and research commercialization landscape in Australia and suggesting directions for future research and practice. |
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| ISSN: | 2008-8302 2008-8310 |