Knowledge Transfer from University to Industry

Abstract

Knowledge transfer is considered to distribute knowledge and to ensure that it is used in future. At University level, the transfer of knowledge to students is the core function, and the effectiveness is therefore critical. To identify ways to manage and transfer knowledge is a challenge for the University and industry. The demands from industry are not necessarily communicated to the University, and therefore a gap could occur.It is difficult to determine the need for quality practices in industry and the gap could, in some instances, be blamed on improper knowledge transfer at University level. The lack of knowledge transferred between students and their employers is also possible. Students could, for various reasons, find it difficult to apply their knowledge.Knowledge transfer is diverse and the knowledge transferred between University and industry could be done through different channels. Understanding how the knowledge transfer processes impacts on the University’s ability to focus on requirements by industry is sometimes ambiguous.As knowledge expands, the application thereof could also be difficult to achieve in industry. The competencies and resources at the University should be put to optimal use in order to assist with the transition from University to industry, and to assist with the application of knowledge in industry. There must be synergy between the two entities. The gap could be narrowed when there is active involvement from industry and full cooperation from the University.