Opening Industry-Academic Partnerships

By • on April 17, 2013

Science magazine posted an article by Chris Tachibana which noted that research and development today is about networking, sharing, and partnering. Collaborations between industry and academia are promoted by open innovation programs, which have become a near-universal model for R&D. Pharmaceutical and biotechnology companies offer university researchers access to resources and funding. Academic scientists bring in-depth expertise and basic research data to the table. Open innovation has exploded into megapartnerships of academia, industry, government agencies, and private organizations. These consortia have the potential to solve major medical and public health issues, if they can set terms and goals that reward all parties.

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