Impact of Industrial-Academic Cooperation on Business Survival and Effective Cooperation Strategies 


Vol. 46,  No. 10, pp. 1690-1697, Oct.  2021
10.7840/kics.2021.46.10.1690


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  Abstract

Cooperation is emerging as an important means to accommodate a new paradigm in an era where technological and social changes are accelerating, such as the Fourth Industrial Revolution, carbon neutrality, and post-Corona. In this paper, the effects of industry-academic-research institutions cooperation on business survival were verified by analyzing the extinction status of companies promoting cooperative R&D and general manufacturing companies. As a result of this study, it is revealed that the three-year survival rate of companies that promotes cooperative R&D was 89.5% which is 7% higher than that of general manufacturing companies. As a result of this analysis, small and medium-sized enterprises with insufficient resources will be able to create an effect of enhancing the sustainability of their business through industry-academic-research institutions cooperation. Accordingly, based on the mid- to long-term R&D portfolio, it designed and proposed a R&D portfolio model, a planning methodology that forms partnerships with suitable universities and research institutions.

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  Cite this article

[IEEE Style]

J. M. Yang and D. U. Cho, "Impact of Industrial-Academic Cooperation on Business Survival and Effective Cooperation Strategies," The Journal of Korean Institute of Communications and Information Sciences, vol. 46, no. 10, pp. 1690-1697, 2021. DOI: 10.7840/kics.2021.46.10.1690.

[ACM Style]

Jung Mo Yang and Dong Uk Cho. 2021. Impact of Industrial-Academic Cooperation on Business Survival and Effective Cooperation Strategies. The Journal of Korean Institute of Communications and Information Sciences, 46, 10, (2021), 1690-1697. DOI: 10.7840/kics.2021.46.10.1690.

[KICS Style]

Jung Mo Yang and Dong Uk Cho, "Impact of Industrial-Academic Cooperation on Business Survival and Effective Cooperation Strategies," The Journal of Korean Institute of Communications and Information Sciences, vol. 46, no. 10, pp. 1690-1697, 10. 2021. (https://doi.org/10.7840/kics.2021.46.10.1690)

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