Beyond Unidirectional Knowledge Transfer
Using theory on technology transfer and on trust and an in-depth study of nine university departments and nineteen science-based small and medium-sized enterprises (SMEs), the authors explore the nature and direction of knowledge flows during university–industry R&D collaboration. More specifically, they examine the nature and direction of R&D technological knowledge transfer in collaborations between universities and science-based SMEs and the primary mechanisms regulating such collaborations. The findings suggest that these collaborations are highly recursive processes of technological knowledge exchange, the innovative outcome of which is greater than the sum of the activities of the respective partners during the period concerned. Surprisingly, given the highly strategic nature of the R&D activities, the collaborations were largely regulated by non-contractual measures (trust). The authors discuss the implications of their findings for R&D managers, policy makers and future studies.