Innovative organizations have long recognized the value of collaboration between well-matched partners. University and government labs can make particularly appealing partners, as they often have unique capabilities, expertise, and intellectual property (IP) portfolios. Indeed, as Parson describes in a 2013 journal article, a number of large pharmaceutical companies have formed long-term collaborations with universities focused on early-stage research. Other industries are following suit, seeking to access university and government resources to feed innovation.