Junghee Han, Almas Heshmati. Determinants of Financial Rewards from Industry-University Collaboration in South Korea

Junghee Han, Almas Heshmati. Determinants of Financial Rewards from  Industry-University Collaboration in  South Korea


Promoting the industry-university collaboration is a major policy priority in Korea. The motive behind such policy initiative is to make the nation’s system of innovation as well as the financial reward condition for the universities more dynamic. Though industry-university collaboration has various facets, the financial rewards are crucial considering the entrepreneurial university is pursuing profitability by using product of knowledge, technology innovation, and collaboration with industry (Slaughter and Leslie, 1997; Slaughter and Rhoades, 2004; Rhoades and Slaughter, 2004; Clarks, 1998; Washburn, 2005; Geiger, 2004; Geiger and Creso, 2005; and Hayrinen-Alestalo and Peltola, 2006; Naido, 2005).



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Keywords: Economics of education

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