摘要：The numbers of research, we're performing earlier on partnerships between Industries and Universities, and were increased spectacularly over the past 20 years. As we know very well that Industry gets needed research, universities get funding, and society gets new products and technology. It's a balancing act for both to work for mutual benefits. This article examines the emerging Technology Transfer, Knowledge Transfer, Product-Process-Service Innovation, Publication Etc. are expected to play in economic development, as well as University Industry (U-I) mutual benefits by mutual understating and mutual collaboration. In this paper the interface between universities and industry is studied as a way of responding to the economic needs of society in the 21st century through academic entrepreneurship i.e. the variety of ways in which universities take direct part in the commercialization of knowledge through the supply of ingenious research and inventions.
关键词：university industry partnership;mutual benefits;collaboration;innovation;challenges
