[Abstract]
In the rapid trend of social change, such as the 4th industrial revolution
and the realignment of job structures, university-industry cooperation(UIC) is
emphasized as a key factor in enhancing national competitiveness. The level of
UIC in Korea is insufficient compared to national competitiveness, and despite the
world-class R&D investment, there is a lack of linkage between the result of technology
development and the industrial field, and the knowledge-transfer between university
and industry is also insufficient. This paper analyzed the employment effects of
UIC program supported by government, especially youth employment effects. The
companies participating in the UIC program showed higher employment effect than
the non-participating companies. In addition, the result of examining the employment
growth rate of participating companies only for projects aimed at ¡®education and
human resource development', show that employment growth rate after one year
(total, youth employment) was significantly higher than that of non-participating
companies, while employment growth after two years was not significant. UIC program
need to have sustainability and systemicity so that they can be directly linked to
the employment effects.