產學合作可區分為產業界以及學術界之間的學術交流和商品化。學術交流意旨組織與組織之間的合作活動，且其目的在於追求雙方個別與共同之利益。商品化是指將學術研究成過或發明轉換成可以提供財務上的價值之商品。過去曾有許多文獻探討產學合作所遇到之阻礙、產學合作之方式、產學合作的有效性、等等，但卻都未曾從價值基礎觀點來探討產學合作。本研究是從價值基礎觀點，透過一個成功產學合作的案例來探討產學合作之歷程。價值基礎觀點包含三個主要構件，價值創造、價值獲取、以及價值共創。本研究之個案分析提供了產業界以及學術界個別所創造以及獲取之價值，而也顯示了雙方所共創之價值。研究結果中不只顯示出了產學合作之歷程，也論證了在一個成功的產學合作中，必須存在三個關鍵的特徵，共同願景、真誠、以及對彼此的尊重。

University-industry collaboration refers to the engagement and commercialization activities between university and industry. Academic engagement refers to the inter-organizational collaborations to pursue goals that aims to generate some benefits for both partners. Commercialization refers to the extraction of academic research or invention to obtain financial benefits. A considerable body of work highlights the channels, barriers, and effectiveness of university-industry collaboration (UIC), but was rarely explored from the perspective of value-based view. This research presents a case study of a firm that has achieved a successful UIC with the research center of a university, and the process of collaboration is examined from the perspective of value-based view(VBV). Value-based view is composed of three consecutive parts, value creation, value capture and value co-creation. The analysis of the case illustrated the values created and captured by the firms individually and the values co-created together. This research not only reveals the process of UIC, but it also demonstrated the characteristics of the value co-creation process and conceptualized the process into three important aspects, shared vision, genuine, and respect. The three conceptualized aspects represent the three important factors that exists in a successful UIC partnership.

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