@article{MAKHILLTSS201712424258,
    title = {Factors of Successful Collaboration in Commercialising Research Product between
University and Industry: A Review},
    journal = {The Social Sciences},
    volume = {12},
    number = {4},
    pages = {633-638},
    year = {2017},
    issn = {1818-5800},
    doi = {sscience.2017.633.638},
    url = {https://makhillpublications.co/view-article.php?issn=1818-5800&doi=sscience.2017.633.638},
    author = {Zaini,Ismail and},
    keywords = {University,industry interaction,research product commercialisation,economic growth of a nation,dependency on the government funding},
    abstract = {Within the context of knowledge economy, commercialisation of research product has become an
important agenda both for the nation as well as the university. University as the center of innovation has been
recognised as an important agent in cultivating economic growth of a nation. Similarly with the reduced
dependency on the government funding, universities recognise commercialisation of research products as their
source of income generation. While commercialisation has been considered significantly essential, important,
however the activities of commercialising research product is still at an unsatisfactory level. One of the main
hurdles in commercialisation of research product is the lack of collaboration between the university and the
industry. Thus, this study aims to review existing literatures regarding the factors that facilitate the
collaboration between university and industry in commercialising research product. For this purpose, 10 papers,
retrieved primarily from Science Direct, ELSEVIER and Google scholar databases have been reviewed. It was
found that broad range of interaction, mutual trust, government support, adequate funding, effective
communication and good experiences are critical factors which help collaboration between university and
industry. Hence, this study hopes to give valuable insight for university to plan their strategies in
commercialising research product.}
    }