Types of Business-education Partnerships
Frank and Smith (1997), have suggested four classifications for business-education partnerships based on the process the partnership employs. They found that most business-education partnerships could be categorized into one of the four classifications.
- Consultative partnerships are for the purpose of receiving public input around change or to gather ideas for policies.
- Contributory partnerships are formed to benefit an organization or the community.
- Operational partnerships are work-sharing arrangements in which the components of a given task are delegated to specific parties.
- Collaborative partnerships are set up to share resources, risks and decision-making.
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