| A survey instrument was developed to measure business interest in funding college research. Regressions between business interest in funding college research, and the independent variables of collaboration, innovation challenges, and innovation level were constructed. The theory of academic capitalism predicts growth in business-education collaboration to secure external funds (Slaughter & Rhoades, 2004). Data supported the theory of academic capitalism. The F statistic was used to evaluate the regression model. F(3, 67) = 13.2, p < .001 provided overwhelming support for rejecting the null hypothesis that no statistically significant regression model could be constructed to predict business interest in funding college research using the variables collaboration and innovation challenges: Business funding = 0.25 + 0.06 (collaboration) + 0.05 (finance). |
