Why Industry Academia Collaboration is Essential When Technological Revolution Changing the Dynamics of Work and Skills ?
Abstract: Industry-Academia collaboration provides organizations with a blend of practical expertise and academic rigor . Industry professionals contribute first-hand knowledge of contract administration challenges, while universities offer research-based actionable insights and cutting-edge theories. Collaboration can provide a much-needed boost — and quickly — in academic and co-curricular offerings for institutions without strengths in certain areas . By emphasizing collaboration, we can define this new era of higher education as one of growth through cooperation rather than retrenchment. The industry-academia gap refers to the disparity between the skills and knowledge acquired through formal education and the practical requirements of the job market . In recent years, concerns have arisen regarding the industry-academia gap, leading to a growing number of individuals making ill-suited career choices. This gap can be bridged with the following initiatives Build studen