The Export Brief The Export Brief 2 | Page 52

On the one hand, university bureaucracy and timelines (especially in the public sector) can massively slow down co- operation. On the other hand, industrial research and development is time- sensitive, driven as it were by the need to create products that quickly meet existing needs. So how do we solve these problems? A first step is to create platforms for dialogue between entrepreneurs and academia. Generally, any dialogue between industry and universities should be based on a clear understanding of the comparative advantage on each side – a foundation of shared purpose, where each partner is clear about what assets they will bring to the table. Each party needs to clearly define and communicate the purposes and expectations associated with the collaboration. In this regard, the organized private sector represented by the various chambers of commerce scattered around the country – and other sectoral groups like the manufacturers association of Nigeria – have a massive role to play. Unfortunately, these organizations are yet to wake up to this responsibility. It behooves the organizations representing the organized private sector to open lines of communication if the whole process is to succeed. Using this template, universities and industries which are actively researching for partners should not find it difficult to locate such partners. On their part, universities in Nigeria must as a matter of urgency, expand their understanding of the needs of industry and link these needs to academically sourced solutions. On the part of education policy makers, there should be an emphasis on industry- focused degree programs, at all academic levels. Policies should be aimed at facilitating increased dialogue between industry and universities in Nigeria. Conclusions It is obviously clear that improving the linkages between universities and industry in Nigeria is a win-win situation. The company gains up-to-date expertise and a network of contacts in academia. The university obtains reality-based knowledge and connections to the business sector. The graduates of these institutions get a degree and gain research-related work experience at the same time. Beyond improving innovation and socio- economic development in Nigeria, Universities can also increase their global rankings while attracting foreign talent to study in Nigeria. On way to do this is for universities to develop frameworks for tracking alumni who have joined the world of business. Few universities have databases for their students‘ linkages to the