For companies looking to become leaders in their markets or moving into new markets through innovation capacity building, collaboration with a Luxembourg-based research institute can be an interesting option. Luxinnovation’s new guide “Successful collaboration between companies and research institutes” provides practical advice on how to make such cooperation run smoothly.
Managing an R&D process with an external partner is not necessarily difficult, but requires mutual understanding and attention to detail. There is a greater chance of collaborative success if both parties understand their interests, roles and responsibilities upfront. Collaboration can be rewarding for both the company and the research institute. This guide has been developed by Luxinnovation with support from its partners to offer insight on what it takes to start a collaboration between a company and a research institute.
The guide focuses on collaborative research when a company and a research institute work together on a new research programme and both commit resources in order to reach a common objective. It provides concrete information regarding how to get the collaboration started, how to manage intellectual property rights and how to find the right R&D partner. It also provides an overview of available funding.