Measuring the societal impacts of university-industry R&D collaborations

Abstract

Given the growing interest in understanding the social dimension of R&D investments better, approaches for measuring the societal impact of university-industry R&D collaborations (UICs) are called for. Several studies claim that such collaboration directly impacts innovation and, consequently, economic growth. In recent years, several papers have sought to assess the impacts of these collaborations. However, the interest seems to be focused on two of its main stakeholders: companies and universities. Few studies integrate university, industry and society outlooks on societal impact. Based on systematic literature review, this paper aims to provide a conceptual framework for the key elements that should be considered when measuring the societal impact of UICs, contributing to a theoretical understanding of the subject.

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