As the forest products industry evolves into a modern industry based on cutting-edge industrial and management research, the prevalence and importance of university research centres have gained importance. Although there has been increased funding and attention given to university–industry research centres from policy makers and researchers, little is still known about the benefits or value that these collaborations provide and create for firms. Applied academic research requires the active participation of researchers and practitioners. In the Canadian forest products industry, there are other important actors that need to be considered, the federal and provincial governments as owners and regulators of the resource and funders of research and development projects and intermediary organisations who are often charged with transforming academic results into tools and methods able to be implemented into industry firms. This paper presents the results of three comparative case studies of university–industry research centres operating in the Canadian forest products industry through an exploration of their knowledge and technology transfer processes. The goal is to better understand the value that has been created for the four main groups of actors involved though informal and formal transfer processes and which processes are best suited for different types of knowledge.
The role of information asymmetry in the market for university–industry research collaboration
