Abstract
While the Industry and Academia work very closely in western countries, it is at its infancy in terms of the output, in the Indian context. If the national mission for Digital India and Innovation is to be achieved, the Industry-Academic collaborations needs to be strengthened as well as scaled in a major way. The author has spent nearly three decades in both industry and academics. This paper proposes a five stage Collaboration Maturity Model for any academic institute to follow in order to extract value from the collaboration. The model is a very practical implementable model that guides the growth of the collaboration from initial engagement to close-knit partnership.
