University and Industry Collaboration in Knowledge Sharing, Research–Technology Transfer, and Innovation

Collaboration between universities and industries (UIC) becomes a popular trend in the world today and is understood as interactions and transactions between higher education institutions and businesses to bring benefits to the parties. The collaboration is also considered as cooperation between academic and business production fields. It has positive impacts on training, research and development (R&D) activities in both universities and industries, at the same time brings great benefits to businesses when receiving knowledge, initiatives, and especially high-quality human resources. In Vietnam in the past time, this collaboration has not been fully cared about and implemented appropriately by the stakeholders. Meanwhile, UIC is considered as the socio-economic development policy of a country. This paper will review the forms and models of collaboration between universities and industries, analyze the current situation of UIC in Vietnam, and then recommend policy implications to promote this collaboration, increase the operational efficiency of higher education institutions in Vietnam, and contribute to general socio-economic development. The research is based on the desk-study method with available working papers, and survey results issued by the Ministry of Education and Training.