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Abstract
Changes in the environment in which university research is conducted, in conjunction with the development of new research technologies such as biotechnology, are contributing to the proliferation and diversification of university‐industry relationships. This paper describes and documents university‐industry relationships in five categories: research contracts, technology transfer activities, consultancies, employment, and gifts. Special emphasis is given to biotechnology research relations. Conflicts that may arise from these relations are discussed and studies evaluating the potential impacts of university‐industry relationships are summarized. While wide‐spread abuse has not been reported, subtle changes in university research may be occurring. Using the University of Tennessee as a case study, the paper ends with a discussion of the difficulties of establishing guidelines and procedures to prevent and settle conflicts of interest that might result from university‐industry relationships.