Aligning Industry–Academia Collaboration for Innovation Efficiency and Effectiveness

Industry and Academia collaboration has been a much-discussed topic across the globe. Some countries have been more successful in this collaboration than others. Academia focuses on research and publications. Industry focuses on Innovation and application of technology which forms the basis for business and potential to grow the business further. This means that having a healthy ecosystem between Industry and Academia is imperative for the longer-term growth of both academia, to pursue high quality research and Industry, to deliver value added innovations.