This paper problematises the over dependency on the oil sector in Nigeria by pointing to the need to consider the alternative perspective of building the economy of the country. For the past two decades, the country has been operating a mono commodity-based economy with about 90% of revenues from the oil sector. To counter this over-dependence, Nigeria launched Vision 20:20 which is a long-term intent to launch Nigeria onto a path of social and economic progress and fast-track the development of an economically prosperous Nigeria. This study seeks to advocate for a paradigm shift from a mono-sectoral dependence to a knowledge-based economy, exploring the roles of Universities-Industries in Nigeria. The study aims to investigate the factors that influence the interaction, the motivations for and the factors that impede the interaction. To study this University-Industry interaction, the conventional National Innovation System Model was adopted to develop a conceptual framework through which the dynamics of the interaction will be examined, and the impediments to the interaction will be identified. The conceptual model was piloted through semi-structured interviews with participants drawn from the academia and the industry that engage in technological development in Nigeria. Initial findings from the pilot study give a clear indication of the weak University-Industry interaction in Nigeria.
Adesola, Sola Alkali, Usman
Department of Business and Management
Year of publication: Unpublished.Date of RADAR deposit: 2020-10-05