Co-production forms the basis of Knowledge Foundation’s operations and is an inherent element in the projects and the research and educational environments that we fund. Co-production means that the projects we fund must be designed and implemented in close collaboration between academia and the business sector, usually with co-funding from the business sector equivalent to the funding received from the Foundation.
The value of co-production
Co-production gives researchers and business actors an insight into and an understanding of each other’s needs. The research can be enriched by questions and problems that have arisen in the business actors’ operations, and benefit from the experiences of the business actors’ staff. The researchers also often gain access to data, equipment, test environments, etc. that are not available at the university. The business actors, for their part, can benefit from research results that are relevant to the development of their business and develop the competence of their employees based on current research.
Co-production means that the projects we fund can be rooted both in state-of-the-art research in academia and state-of-the-art development in the business sector. In the longer term, co-production builds trust and networks between academia and business actors, facilitating new and more in-depth collaborations.