Why academia-industry relationships are important

Universities generate knowledge through research, while businesses apply that knowledge to create solutions that impact society. When these twoworlds work together, the results can be transformative.

In New Zealand, partnerships like the University of Auckland’s collaboration with Spark and Vodafone on 5G research illustrate the power of these relationships. These projects not only advance telecommunications technology but also provide students with hands-on experience in cutting-edge fields. Similarly, the agritech sector benefits from joint efforts between Lincoln University and companies such as LIC, driving improvements in sustainable farming practices and genetic technologies.

Globally, academia–industry partnerships have produced some of the most significant technological breakthroughs. For example, Stanford University’s close ties with Silicon Valley have fuelled the growth of companies like Google and Cisco, creating an ecosystem where research and entrepreneurship thrive side by side. In Europe, collaborations between universities and automotive giants such as BMW and Volkswagen have accelerated the development of electric and autonomous vehicles, shaping the future of mobility.

These relationships also prepare graduates for the workforce by exposing them to real-world challenges. Internships, co-designed curricula, and industry-led projects ensure that students leave university with practical skills and professional networks. For businesses, engaging with academia provides access to fresh ideas, emerging talent, and research capabilities that can solve
complex problems.

Beyond economic benefits, these collaborations address societal challenges. Joint research initiatives in areas like renewable energy, cybersecurity, and
healthcare demonstrate how academia and industry can combine resources to tackle issues that affect communities worldwide.

Building strong partnerships requires trust and shared objectives, but the payoff is significant: faster innovation, better-prepared graduates, and solutions that benefit society. In an era of rapid technological change, academia–industry relationships are not just important—they are essential.

At the Centre of Digital Enterprise (CODE), we actively foster these connections through collaborative research projects, executive education programs, and industry engagement initiatives. For example, CODE partnered with Air New Zealand to explore digital transformation strategies that enhance operational efficiency and customer experience. We also worked with Tata Consultancy Services (TCS) on research into sustainability and digitalisation, and the impact on enterprise innovation. These collaborations ensure our research remains relevant and impactful while providing businesses with access to cutting-edge insights and talent. By serving as a bridge between academia and industry, CODE helps shape the future of digital transformation and enterprise innovation.