| Summary: | In this paper, Technology Circulation Model is proposed as a new management method for companies with existing business domains that plan and execute industry-university collaborations to make innovations. Based on this model, we discuss concepts for effective planning and execution of industry-university collaborations through real cases. Technology Circulation means a flow of Science - Technology - Engineering - Manufacturing & Services, then to Science again. We show the effectiveness of the framework of industry-university collaborations, in which; empirically used techniques are visualized, complicated phenomena are explained simply, new sciences are established, and current industrial technologies are made more sophisticated. By starting from visualization of currently used technologies, it becomes possible to execute efficient industry-university collaborations matching the directions of business needs and academic seeds.
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