ACE II Launch - Breakout Session 2 Experiences on investment in strategic academic & industrial partnerships – Health Cluster Tuesday, October 25, 2016 (Replace “Health” with the correct breakout group)
Challenges Top Challenges in pursuing National Partnerships Academia Lack of institutions with similar interests/specializations Competing interests among institutions with similar interests/specializations Industry No/limited discipline specific industries in some cases Low confidence between academia and industry Little/limited strategic engagement between academia industry
Challenges Top Challenges in pursuing Regional/International Partnerships Academia Competing interests among institutions with similar interests/specializations Pull down syndrome between institutions Partnership management (power play between big institutions vs small ones) Industry Low confidence between academia and industry Little/limited strategic engagement between academia and industry
Challenges Top Challenges in pursuing National, Regional/International Partnerships Social Language barriers e.g. development of MoUs (e.g. Francophone vs Anglophone) Global ranking of universities i.e. highly ranked universities avoid partnership with those low in ranking
Establishing New Partnerships Academia Providing mentorship to less established academic institutions Industry Use of World Bank name to seek partnership with industries Value addition to local industries e.g. helping local processors in packaging (
Dos and Don’ts of Partnerships Do’s (List 2-3) Don’ts (List 2-3) Determine resource allocation for each partner receiving partnership funds from ACEs (basing on priorly agreed work plan) … Commission industries that have capacity to produce ACE relevant products (e.g. running short courses at the ACEs) …
Advantages & Disadvantages Increases visibility of ACEs Improved performance Leverage resource mobilization Disadvantages (2) It could be costly Abuse of partnership by strong partners Taken advantage of especially for weak partners
Maximizing Advantages of Partnerships How to Maximize Advantages 1.Increases visibility of ACEs Increases opportunities for resources mobilization, trust by funders – More funding from funders 2. Improved performance Increases efficiency of ACEs 3. Leverage resource mobilization Gain more confidence by other funders
Minimizing Disadvantages of Partnerships How to Minimize Disadvantages 1. It could be costly Have clear work plan 2. Abuse of partnership by strong partners 3. Weak partners are taken advantage of Set clear MoUs
Thank you for your attention! End!