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The 2011 Collaborative Innovation Plan, University-Industry Collaboration and Achievement Transformation of Universities: Evidence from China

Author

Listed:
  • Hua Cheng

    (Zhejiang Sci-Tech University
    Zhejiang Sci-Tech University)

  • Shiqian Huang

    (Zhejiang Sci-Tech University
    Zhejiang Sci-Tech University)

  • Yinhong Yu

    (Zhejiang Sci-Tech University)

  • Zhiying Zhang

    (Zhejiang Sci-Tech University
    Zhejiang Sci-Tech University)

  • Meifen Jiang

    (Zhejiang Sci-Tech University)

Abstract

Achievement transformation combines science and technology with the economy effectively. Governments from different countries have formulated lots of policies in order to foster university-industry collaboration (UIC) and achievement transformation. Based on the perspective of universities, this paper studies the impact of “The 2011 Collaborative Innovation Center Construction and Development Plan” (the 2011 Plan) of China on UIC and achievement transformation by using a regression discontinuity design (RD). The influence mechanism of university heterogeneity, such as different types of university and source of R&D funding, on the relationship between UIC and achievement transformation are further discussed. The research shows that “the 2011 Plan” triggers the jumping development of UIC and achievement transformation. The UIC of application-oriented universities exerts a higher impact on achievement transformation compared to research-oriented universities. Besides, the effect of government funding on the relationship between UIC and achievement transformation is greater than that of enterprise funding.

Suggested Citation

  • Hua Cheng & Shiqian Huang & Yinhong Yu & Zhiying Zhang & Meifen Jiang, 2023. "The 2011 Collaborative Innovation Plan, University-Industry Collaboration and Achievement Transformation of Universities: Evidence from China," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(2), pages 1249-1274, June.
  • Handle: RePEc:spr:jknowl:v:14:y:2023:i:2:d:10.1007_s13132-022-00907-0
    DOI: 10.1007/s13132-022-00907-0
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    More about this item

    Keywords

    The 2011 Collaborative Innovation Plan; University-industry collaboration; Achievement transformation; Regression-Discontinuity Design;
    All these keywords.

    JEL classification:

    • I28 - Health, Education, and Welfare - - Education - - - Government Policy

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