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Risk Response Strategies for Collaborative University-Industry R&D Funded Programs

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Innovation, Engineering and Entrepreneurship (HELIX 2018)

Abstract

Universities are centers of knowledge in our societies and their role when it comes to innovation has become more important over the years. Companies have several reasons to engage in research collaborations with universities, namely to gain access to innovative technologies. University-Industry R&D collaborations are expected to play an important role in regional economies, and to fulfill the industry’s demand for innovative products, technologies and processes. However, the knowledge on what are the potential risks resulting from these collaborations and the risk response strategies to reduce the negative risk impacts and to enhance positive risk impacts is still limited. Thus, this paper aims to fill the gap in literature when it comes to risk identification and risk responses’ planning, by identifying, based on a case study analysis, 19 potential risks and 53 potential risk response strategies.

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Acknowledgments

This work was supported by the FCT - Fundação para a Ciência e a Tecnologia (SFRH/BPD/111033/2015); and by the Portugal Incentive System for Research and Technological Development. Project in co-promotion nº 36265/2013 (Project HMIExcel - 2013-2015).

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Correspondence to Gabriela Fernandes .

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Fernandes, G., Martins, A.R., Pinto, E.B., Araújo, M., Machado, R.J. (2019). Risk Response Strategies for Collaborative University-Industry R&D Funded Programs. In: Machado, J., Soares, F., Veiga, G. (eds) Innovation, Engineering and Entrepreneurship. HELIX 2018. Lecture Notes in Electrical Engineering, vol 505. Springer, Cham. https://doi.org/10.1007/978-3-319-91334-6_71

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