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The industrialization that brings production come to the fore can be taken into account as the starting point of university and industry collaboration. The reason is that the traditional model of university concept that focuses solely on the production of knowledge has changed thoroughly. In other words, in modern age, knowledge production has turned into knowledge practicality particularly in industry. Therefore, industrial sector which does not use the universities’ capability for knowledge production makes no sense while the universities which do not keep in touch with the industrial organizations on the basis of knowledge transfer are useless because of the fact that the practicality of knowledge is equally important with the production of knowledge itself which means that there is to be parallelism between two sides of this cycle, so to say, production of knowledge and practicality of knowledge regarding the changing paradigms of universities. The purpose of the study is to have a look at the university and industry collaboration process in Turkey by means of analyzing the main parameters of collaboration between industry and universities basically, the instruments that foster and contribute to this process in Turkey like TUBITAK (Scientific and Technological Research Council of Turkey), SANTEZ (Industry Oriented Thesis Support Program), Project, Innovation Project, Technopolis, and so forth. Via the interpretations on the current mechanism of university and industrial collaboration, some further suggestions will be made.
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