Are you a Seeker from industry with an intractable R&D challenge? Or a Solver from academia looking to apply your knowledge to a real world problem?

To help both the ‘Seekers & Solvers’ meet each other, RADMA – the Research and Development Management Association – is launching a new ‘R&D Project Exchange’ to help put organisations and students in contact for mutual benefit.

The R&D Project Exchange offers a unique platform for collaboration between university students and companies. This initiative invites students and businesses to co-develop research proposals, ensuring a balanced approach that addresses both academic objectives and real-world industry challenges. The collaboration may involve any aspect of R&D management, such as innovation processes, technology adoption, product development strategies, or the impact of emerging trends like AI, digitization, or sustainability.

For Students (solvers)

Students, particularly final-year undergraduates and PhD candidates, are encouraged to work with participating companies to identify and define a research topic that aligns with their academic program.

This partnership allows students to undertake applied research projects that not only meet academic requirements but also provide valuable insights and recommendations for companies. The outcomes will be presented as a consultancy report or business plan, giving students a practical and impactful way to conclude their studies.

For Companies (seekers)

Companies participating in the R&D Project Exchange have the opportunity to propose real-world problems or topics that could benefit from academic investigation. By collaborating with motivated students, companies gain fresh perspectives and evidence-based recommendations, while contributing to the professional development of future talent.

Companies can define specific R&D challenges they face or co-create a project with students around broader themes like R&D strategy, innovation management, digitisation, or technology adoption.

Proposal Submission and Timeline:

• Project proposals should be collaboratively developed by students and companies, focusing on areas relevant to R&D management.
• The final year project begins in October and ends in April. Project definitions are expected in November.
• Each project is supervised by an academic advisor to ensure it meets both academic and industry standards.

This initiative provides a way to facilitate interaction between academia and industry, offering both students and companies a platform for innovation and mutual growth.