Abstract
R&D collaborations between industry, government, civil society, and research (also known as
‘quadruple helix collaborations’ (QHCs)) have recently gained attention from R&D theorists and
practitioners. In aiming to come to grips with their complexity, past models have generally taken a
stakeholder-analytical approach based on stakeholder types. Yet stakeholder types are difficult to
operationalise. We therefore argue that a processual model is more suited for studying the interaction in QHCs because it eschews matters of titles and identities. We develop such a model in
which the QHC is represented as a process of generating four types of value: research value, market value, political value, and societal value. We then apply this processual model in analysing reallife cases of friction in QHCs. Friction is seen, not as an interpersonal clash, but as a discrepancy between two or more value-creation processes that compete for limited resources (some overperforming while others under-performing).