Designing of Success Criteria-based Evaluation Model for Assessing the Research Collaboration between University and Industry

Innovations and inventions are not outcomes of single activity of any organization. This is a resultof collaboration of different partners. Collaborated research of university and industry canenhance the ability of scientist to make significant advances in their fields. The evaluation ofcollaborated research between university and industry has created the greatest interest amongstthe collaborational researchers as it can determine the feasibility and value of thecollaboration. This paper intends to illustrate the evaluation metrics and success criteria- basedevaluation model within university-industry and their collaborated research. For bridging themodel, success criteria that is based on key evaluation metrics has been identified. A successfulCollaboration of university and industry is not dependent on any single metric but instead on theconfluence of multiple metrics from the growth of basic research to commercialization. This studyis intended to provide different evaluating metrics to impound the research collaborationconstraints between university and industry, and to design success criteria to upsurge thesuccessful linkage. For this purpose, we have developed constraints and success criteria basedevaluation metrics (CASEM) model. The proposed model is appropriate for almost all types ofcollaborations, especially research collaborations between university and industry. By adoptingthis model, any university or industry can easily cross the threshold in the grown-up researchcollaborational community.