compensationI have seen several companies having an academic collaboration with universities or specific professors, for doing research with the company or on the company’s marketing/product strategies.
So, how do these collaborations really work, in terms of compensation and development?
Do they pay the professors, or is it that the company is getting research-driven advice and the professor is getting a published work (So, win-win?)
And how often do these companies apply the lessons learned from the research done through the collaboration? [Real-world examples would help too]
Well, by parts:
In relation to the remuneration, as an academic is attached to a institution, remuneration must be made to this institution. The way in which an answer reciprocates to the teacher depends solely and exclusively on the administrative arrangements of the two.
In relation to the way these situations happen: These situations are variable according to the program they participate in. Some universities provide a workforce in exchange for remuneration, scholarships, or published articles.
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