Study on university-business cooperation in the US

University-Business Cooperation (UBC) is a relationship in flux, reflecting issues specific to the transition from an industrial to a knowledge society. UBC is undergoing a transformation from a dyadic university-business relationship, aimed at solving firm problems, sourcing new products or providing an outlet for academic research, to a triadic universityindustry- government relationship that maintains these objectives, while incorporating new features, such as contribution to economic and social development at the national, regional and local levels, responsiveness to societal concerns and new forms of student involvement in entrepreneurial activities. The business side of UBC has broadened to include cultural, notfor- profit and civil society organizations, while the academic side is no longer confined to relatively small academic sectors, but has expanded from engineering and medicine to multi/interdisciplinary research sectors involving the social sciences and the arts. It also encompasses both undergraduate and postgraduate education, as well as lifelong learning. The interactions no longer take place across discrete boundaries, but the boundaries themselves have been transformed by the creation of new hybrid entities that operate on the basis of a new set of organizational dynamics