LAUSR

Purpose This study aims to investigate how small- and medium-sized enterprises (SMEs) perceive the benefits and obstacles with university cooperation for themselves and regional development, setting out from the personal relations the parts have formed. Design/methodology/approach A quantitative approach was adopted, using a sample of 336 Brazilian SMEs that had undertaken some cooperation with universities in the past years. Findings From structural equation modelling, results show that interpersonal relations interfere in the type of cooperation formed, these being a catalyst in formalizing the cooperation. These relations also interfere in the perception of barriers and benefits of cooperation for the firm. Practical implications The results are clearer in the firm domain and less so in the region, implying that university-SME cooperation does not yet present clearly disseminated benefits so that firms can be more aware of the results. The barriers to cooperation seem to be overcome by interpersonal relations but also by the contracts established since they were more evident in the informal type of cooperation. Originality/value This study provides more empirical evidence about these relations in a context of low socio-economic development, a topic which is still under-explored in the field of university-firm cooperation.