Performance Factors of Research Cooperation between Universities and Business

Abstract

The article presents the results of a study aimed at identifying the factors influencing the effectiveness of university-business research collaboration. The empirical basis of the research consisted of quantitative data on the activities of 600 Russian universities in the year 2022. Regression models were constructed to achieve the research objective. The dependent variables in the models characterize the size of extrabudgetary income from research and development projects, its share in the total income from scientific research, and the number of publications prepared by the university in collaboration with companies. The independent variables considered indicators characterizing publication activity, composition and salaries of academic staff, material resources, the revenue structure of the university, the university’s participation in state projects aimed at supporting and developing partnerships with businesses, ownership form, territorial location, and specialization of the university. The analysis revealed that human resources within the university play a paramount role in achieving high performance in university-business collaboration in scientific research and development. The qualifications and degree of internationalization of academic staff, as well as their publication activity, were found to be of significant importance. Additionally, the university’s orientation towards generating income primarily from extrabudgetary sources and considering scientific research as a priority area for attracting financial resources were also identified as crucial factors. The conclusions drawn are based on statistically significant regularities identified through econometric analysis of relevant quantitative data on the performance indicators of most Russian universities. The research findings may be of interest to universities seeking to develop partnerships with business companies.

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