The central purpose of this study was to compare the attitudes of faculty in applied sciences to the attitudes of faculty in liberal arts and other selected fields to determine if they differ significantly from each other in their perceptions of the effects of university-industry alliances on campus governance and operations. Secondary purposes were (a) to appraise the debate on alliances and the effects of alliances on academic values and (b) to contribute to the literature concerning alliances and their potential for improving higher education.