Journal of Commerce and Management Thought

In the present advanced science and technological climate, the industry – institute partnership is a necessary symbiosis. At the institute level rigorous research takes place and the industry translates the research into products. Institute researchers are associating themselves with venture capitalist in establishing the industry and marketing the product leading to largest financial benefits. Institute - Industry research partnership poses some problems that need to undergo suitable “strategies and action plan”. The significant problem in this context is research misconduct. The relationship is often biased with commercial tone that promotes subtle or over bias in the interpretation of research data on commercial interest, violation of fundamental values agreed to by many researchers, limitations on academic freedom. Particularly the Institute and Industry commercial connection erodes public trust and financial support for research. Strict regulations can only modify this adverse environment. Academic freedom in conducting Industry related research is not expected to fall into the hands of commercial Entrepreneurs. Therefore institute industry research partnerships should be redirected towards facilitating better research relationship for the welfare of mankind under academic autonomy. The present paper is on the discussion of above concept with a few case- analyses.