European Commission Code of Practice for Industry-Academia Co-Creation
Collaboration between universities and businesses serves as a bridge between research and application and is therefore of central importance for creating economic and social value. The European Commission’s Code of Practice for Collaboration between Academia and Industry aims to demonstrate how joint innovation and knowledge valorization can help better address societal and economic challenges. The goal is to translate research findings into practical solutions more quickly and effectively.
Specific to-dos for organisations and researchers:
- Strategy and Leadership: Collaboration between academia and industry should be firmly integrated into the organization’s strategy. This requires setting clear goals and commitment at all management levels.
- Collaboration and Networks: The goal is to facilitate interdisciplinary collaboration and exchange among researchers, companies, and intermediaries, and to utilize digital platforms for networking.
- Incentives and Recognition: Incentives for successful partnerships should be provided, for example, through awards, career advancement, or shared ownership rights.
- Communication and Awareness-Raising: The benefits and successes of collaboration should be communicated regularly to foster a culture of innovation.
- Intermediaries and Infrastructure: The role of intermediaries (e.g., technology transfer offices) should be strengthened, and investments should be made in shared infrastructure that accelerates the transfer of research results into practical applications.