Effectiveness of industry-university-research cooperation in China: impact of innovation input and open innovation environment
International Journal of Innovation Science
ISSN: 1757-2223
Article publication date: 6 July 2021
Issue publication date: 7 January 2022
Abstract
Purpose
Industry–university–research cooperation (IURC) is a crucial way to build an innovative country. How to improve the effectiveness of IURC has become an important issue to be solved urgently.
Design/methodology/approach
This paper studies the data of industry, university and research activities in various regions of China from 2016 to 2018 and analyzes the impact mechanism of innovation input and open innovation environment on the effectiveness of IURC based on innovation value chain theory.
Findings
This research finds that innovative talent input has an inverted U-shaped impact on the effectiveness of IURC. When there are more innovative funds invested, the marginal effect of IURC will decrease. When innovative talent input exceeds a certain value, the open innovation environment can alleviate the positive marginal effect of its decline.
Originality/value
This paper contributes to the literature and provides practical guidelines for improving the efficacy of IURC.
Keywords
Acknowledgements
This research has been supported by the National Natural Science Foundation of China: (NSFC,71871172), Model of Risk knowledge acquisition and Platform governance in FinTech based on deep learning; We deeply appreciate the suggestions from fellow members of Xia’s project team and Research center of Enterprise Decision Support, Key Research Institute of Humanities and Social Sciences in Universities of Hubei Province (DSS2021).
Citation
Xia, H., Weng, J. and Zhang, J. (2022), "Effectiveness of industry-university-research cooperation in China: impact of innovation input and open innovation environment", International Journal of Innovation Science, Vol. 14 No. 1, pp. 62-78. https://doi.org/10.1108/IJIS-08-2020-0122
Publisher
:Emerald Publishing Limited
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