Abstract:
BACKGROUND: Collaborations with external partners such as startups have been shown to bring
agile and consumer-centric advantages to businesses to allow for future-proofing benefits as
well as improve the rankings of universities. This type of collaboration can occur through
innovation programmes with businesses and universities.
AIM: This study aims to compare the innovation programmes of industry and university that
are offered to collaborating startups.
SETTING: This study was conducted in South Africa and included two case studies, respectively,
from a local university-based incubator and a multinational industry.
METHODS: The research methodology follows an exploratory approach, allowing for theory building research through case studies from industry and a university incubator. The research
is qualitative and makes use of interviews from industry, the university incubator and startups
to draw comparisons on each innovation programme.
RESULTS: The study’s findings confirmed the prominent differences that occur in the
communication method, use of third parties in the screening and selection phase, resources
offered and onboarding process of the startups. Key benefits and challenges were also
identified throughout the collaboration process.
CONCLUSION: The research has provided insight into the innovation programmes of both
industry and university and how each entity can cross-pollinate learnings by reflecting on the
challenges, benefits and recommendations highlighted by the study.
CONTRIBUTION: The study has practical implications that academics and practitioners can use to
gain knowledge and further improve their innovation programmes with startups.
Description:
DATA AVAILABITY STATEMENT: Derived data supporting the findings of this study are
available from the corresponding author, E.v.d.L., upon
reasonable request.