University-industry partnerships

University-industry partnerships are collaborations where academic institutions and businesses work together to achieve shared goals. These partnerships often involve joint research, development of new technologies, internships, and knowledge exchange. Universities provide expertise, research capabilities, and talented students, while companies contribute real-world problems, practical insights, and funding. Such collaborations foster innovation, accelerate product development, and help students gain practical experience, ultimately benefiting both academia and industry by connecting theoretical knowledge with practical application.