There are significant advantages to participating in collaborative projects.
Benefits for small and medium-sized enterprises
Help from other actors
Help with product development
Market testing of products or services
Networking and client contacts
Insights and perspectives from others
External feedback from new groups
Help with environmental monitoring
Opportunities to connect with people at levels in organisations that you don't normally reach
Risk reduction through co-financing of planned activities
Advantages for research fellows and clinicians
Resources in the form of funding or equipment of various kinds
Experience and networking are some common advantages of collaboration with commerce and industry
Collaboration can provide insights into the needs and problems of external actors, which can be a way to improve the quality of your research
As an experimental environment, businesses can provide opportunities that are otherwise often difficult to find or create. Research fellows working in environments outside the University can discover new types of researchable problems and needs, and can test ideas and research results in realistic experiments. They also have access to both historical and current data from the company's operations