Impact of entrepreneurial universities: review of benefits of U-I collaboration.

To innovate firms, need to source knowledge and technology from different actors, including universities. The present paper is a systematic literature review of the benefits obtained by the firms from the collaboration with universities. Out of an initial sample of 4100 articles, 88 empirical studies which measured benefits obtained by the firms from University-industry (U-I) collaboration were selected. The analysis showed that by engaging in U-I collaboration firms may access six types of benefits and, in turn, the size of these benefits is influenced by five groups of factors. It was identified also the high diversity of measurement instruments which makes it harder to obtain statistical comparability between different studies. Most studies were conducted in high-tech sector showing the lack of studies in less technological-intensive sectors. The paper also suggests a list of existing research streams and avenues for future research. [ABSTRACT FROM AUTHOR]