Recommender affective system and INVAR method for an integrated analysis of the university-industry partnerships

Saulius Raslanas, Arturas Kaklauskas, Natalija Lepkova, Dilanthi Amaratunga, Arune Binkyte

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

This article deliberates the values (added value, shared values, synergistic value, etc.) of university-industry working partnerships. Strategic partnership portfolio, value co-creation and other models have been applied to achieve the goals of different partners. An analysis of the university-industry partnership investigations established that no concept of some specific value had ever been applied. Use of the term added value occurred most often; however, mutual and shared values had also been mentioned. For a more in-depth assessment of a university-industry partnership, this article proposes applying the International Valuation Standards (IVS) 2017 recommended concept, "synergistic value", as a special Value. What characterizes it is the fact that a combination of interests by virtue of legal assets results in a higher value than the sum of the individual interest values taken separately. The INVAR Method is used for establishing this value in the article; it serves as the basis for developing the Recommender Affective System for an integrated analysis of the synergistic value of a university-industry partnership. Finally, the case of Vilnius Gediminas Technical University (VGTU) in Lithuania underwent an analysis to illustrate the framework for assessing the synergistic value of VGTU working with several industrial partners and the validation of synergetic value. Assessment of synergistic value assists in establishing the effectiveness of joint work between a university and industry.

LanguageEnglish
Title of host publication2018 7th International Conference on Computers Communications and Control, ICCCC 2018 - Proceedings
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages252-259
Number of pages8
ISBN (Electronic)9781538619346
ISBN (Print)9781538619353
DOIs
Publication statusPublished - 21 Jun 2018
Event7th International Conference on Computers Communications and Control - Hotel President, Oradea, Romania
Duration: 8 May 201812 May 2018
Conference number: 7
http://univagora.ro/en/icccc2018/ (Link to Conference Information)

Conference

Conference7th International Conference on Computers Communications and Control
Abbreviated titleICCCC 2018
CountryRomania
CityOradea
Period8/05/1812/05/18
Internet address

Fingerprint

Recommender systems
Industry
Shared Values
Valuation
Partnership
Universities
Term
Concepts

Cite this

Raslanas, S., Kaklauskas, A., Lepkova, N., Amaratunga, D., & Binkyte, A. (2018). Recommender affective system and INVAR method for an integrated analysis of the university-industry partnerships. In 2018 7th International Conference on Computers Communications and Control, ICCCC 2018 - Proceedings (pp. 252-259). Institute of Electrical and Electronics Engineers Inc.. https://doi.org/10.1109/ICCCC.2018.8390467
Raslanas, Saulius ; Kaklauskas, Arturas ; Lepkova, Natalija ; Amaratunga, Dilanthi ; Binkyte, Arune. / Recommender affective system and INVAR method for an integrated analysis of the university-industry partnerships. 2018 7th International Conference on Computers Communications and Control, ICCCC 2018 - Proceedings. Institute of Electrical and Electronics Engineers Inc., 2018. pp. 252-259
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Raslanas, S, Kaklauskas, A, Lepkova, N, Amaratunga, D & Binkyte, A 2018, Recommender affective system and INVAR method for an integrated analysis of the university-industry partnerships. in 2018 7th International Conference on Computers Communications and Control, ICCCC 2018 - Proceedings. Institute of Electrical and Electronics Engineers Inc., pp. 252-259, 7th International Conference on Computers Communications and Control, Oradea, Romania, 8/05/18. https://doi.org/10.1109/ICCCC.2018.8390467

Recommender affective system and INVAR method for an integrated analysis of the university-industry partnerships. / Raslanas, Saulius; Kaklauskas, Arturas; Lepkova, Natalija; Amaratunga, Dilanthi; Binkyte, Arune.

2018 7th International Conference on Computers Communications and Control, ICCCC 2018 - Proceedings. Institute of Electrical and Electronics Engineers Inc., 2018. p. 252-259.

Research output: Chapter in Book/Report/Conference proceedingConference contribution

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T1 - Recommender affective system and INVAR method for an integrated analysis of the university-industry partnerships

AU - Raslanas, Saulius

AU - Kaklauskas, Arturas

AU - Lepkova, Natalija

AU - Amaratunga, Dilanthi

AU - Binkyte, Arune

PY - 2018/6/21

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N2 - This article deliberates the values (added value, shared values, synergistic value, etc.) of university-industry working partnerships. Strategic partnership portfolio, value co-creation and other models have been applied to achieve the goals of different partners. An analysis of the university-industry partnership investigations established that no concept of some specific value had ever been applied. Use of the term added value occurred most often; however, mutual and shared values had also been mentioned. For a more in-depth assessment of a university-industry partnership, this article proposes applying the International Valuation Standards (IVS) 2017 recommended concept, "synergistic value", as a special Value. What characterizes it is the fact that a combination of interests by virtue of legal assets results in a higher value than the sum of the individual interest values taken separately. The INVAR Method is used for establishing this value in the article; it serves as the basis for developing the Recommender Affective System for an integrated analysis of the synergistic value of a university-industry partnership. Finally, the case of Vilnius Gediminas Technical University (VGTU) in Lithuania underwent an analysis to illustrate the framework for assessing the synergistic value of VGTU working with several industrial partners and the validation of synergetic value. Assessment of synergistic value assists in establishing the effectiveness of joint work between a university and industry.

AB - This article deliberates the values (added value, shared values, synergistic value, etc.) of university-industry working partnerships. Strategic partnership portfolio, value co-creation and other models have been applied to achieve the goals of different partners. An analysis of the university-industry partnership investigations established that no concept of some specific value had ever been applied. Use of the term added value occurred most often; however, mutual and shared values had also been mentioned. For a more in-depth assessment of a university-industry partnership, this article proposes applying the International Valuation Standards (IVS) 2017 recommended concept, "synergistic value", as a special Value. What characterizes it is the fact that a combination of interests by virtue of legal assets results in a higher value than the sum of the individual interest values taken separately. The INVAR Method is used for establishing this value in the article; it serves as the basis for developing the Recommender Affective System for an integrated analysis of the synergistic value of a university-industry partnership. Finally, the case of Vilnius Gediminas Technical University (VGTU) in Lithuania underwent an analysis to illustrate the framework for assessing the synergistic value of VGTU working with several industrial partners and the validation of synergetic value. Assessment of synergistic value assists in establishing the effectiveness of joint work between a university and industry.

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DO - 10.1109/ICCCC.2018.8390467

M3 - Conference contribution

SN - 9781538619353

SP - 252

EP - 259

BT - 2018 7th International Conference on Computers Communications and Control, ICCCC 2018 - Proceedings

PB - Institute of Electrical and Electronics Engineers Inc.

ER -

Raslanas S, Kaklauskas A, Lepkova N, Amaratunga D, Binkyte A. Recommender affective system and INVAR method for an integrated analysis of the university-industry partnerships. In 2018 7th International Conference on Computers Communications and Control, ICCCC 2018 - Proceedings. Institute of Electrical and Electronics Engineers Inc. 2018. p. 252-259 https://doi.org/10.1109/ICCCC.2018.8390467