Building bridges between industry and academia
DOI: 10.1063/PT.4.1006
On Friday, 11 June, 32 physicists from academia and industry met at the American Center for Physics
The meeting was the third in a series of biannual summits
It’s perhaps not surprising that physicists in industry and academia should find working together neither natural nor easy. Nowadays, companies, especially publicly traded companies, face constant pressure to raise revenue and profits. Old industrial labs, such as Bell Labs
Despite the differences, there are plenty of examples of successful collaborations between industry and academia. Google famously got its start
As several of the summit attendees attested, the key to building successful industry-academia partnerships is to recognize and respect each other’s requirements.
Educating students
One potential hurdle to better cooperation is undergraduate training. A physics department’s research enterprise depends on graduate students, nearly all of whom are physics majors produced by physics departments. Given the need to supply that pipeline, physics departments do not feel a strong incentive to include coursework in the practical skills that engineering departments routinely teach, and companies highly value.
At the summit, Bahram Roughani
The need to deal with industry’s shorter horizons was a common theme at the summit. Thanks to tenure, the staff of a physics department turns over slowly. Companies not only hire and fire staff more frequently, they also reassign them more frequently. Students typically have the same adviser throughout their time at a university, but if they embark on a cooperative research project in industry, their company contact could change or, worse, the project itself could be canceled.
Another potential hurdle is IP. From a university’s point of view, if one of its researchers invents a valuable device or process, the university should enjoy the financial benefits. From a company’s point of view, rewarding inventors is fine, but it should not stand in the way of turning the invention into profitable products. Companies—even rival companies—routinely license each other’s IP. Some universities insist on signing over IP as part of cooperative agreements even before the research, let alone the development, has started.
Paradoxically, one trend that springs from today’s globally competitive business climate could make it easier for companies and universities to cooperate. In his opening remarks, summit chair Fred Pinkerton
As if echoing GM’s Pinkerton, Purdue University’s Nick Giordano
Charles Day