Business and universities are different but complementary parts of the national innovation system and the effectiveness of the system depends on them working together. Linkages require reciprocity and both sectors need to play a role in initiating and strengthening them; neither sector can act in isolation from the other and all parties need to respond to the needs and concerns of the others.
The Go8 offers a trusted network through which ideas and expertise are shared.
Various committees of Go8 directors meet regularly but separately to share information and ideas and to work jointly on projects (e.g. benchmarking).
Increasingly there are important points of interaction among the work of different groups. Consequently there is a need for shared understandings, agreed definitions and improved communication across the groups.
Governments in many countries exert pressures on universities to be more accountable for the results they manage to achieve with the resources available to them. A recently added twist, ironically within the context of falling government investment and rising student demand, is that governments are intruding into areas which have long been regarded as prerogatives of autonomous universities.