Book excerpt: In academic-business partnerships, many challenges plague both sides of the equation. From navigating complex power dynamics to ensuring ethical conduct, managing risk, and fostering trust, these collaborations often seem to walk a tightrope without a safety net. The critical actors involved, such as university leaders, corporate executives, and government policymakers, often struggle to strike the delicate balance required for success. It is a world where mishaps are as common as best practices, and the potential for growth and innovation remains untapped due to these hurdles. The Role of Leaders and Actors in Academy-Business Partnerships: Issues of Risk, Trust, Power, Ethics, and Cooperation emerge as the guiding light in this labyrinthine journey. This book does not just highlight the issues; it presents concrete solutions. By offering a comprehensive exploration of the roles and responsibilities of key players, from university presidents to corporate executives, it equips readers with the knowledge and tools needed to navigate the intricate dynamics of these partnerships successfully. With real-world examples of best practices and the cautionary tales of the "dark side of leadership," this book empowers academic scholars and corporate leaders alike to make informed decisions and forge collaborations that truly benefit both sides.