The Efficiency of University Technology Transfer in China*

IF 5.3 3区经济学 Q1 ECONOMICS

Asian Economic Papers Pub Date : 2021-10-09 DOI:10.1162/asep_a_00838

D. Li, X. Fu

引用次数: 3

Abstract

Abstract There has been no significant improvement in China's comprehensive innovation capability over the past decade despite the country's tremendously large investment in research and development. This study uses a three-stage procedure (i.e., research innovation, experimental development, and value creation) to understand this disappointing outcome by estimating the efficiency of the technology transfer operating through major Chinese universities. We find a substantial decrease in the average level of efficiency across the three stages, with the value creation stage identified as the weakest link. An analysis of the determinants suggests that universities with better faculty quality, experienced technology transfer offices, more affiliated investment funds, and a comprehensive rather than specialized focus perform better in all three stages.

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中国高校技术转移效率研究*

在过去的十年中，尽管中国在研发方面投入了巨大的资金，但中国的综合创新能力并没有显著提高。本研究采用研究创新、实验开发和价值创造三个阶段的方法，通过估算中国主要大学的技术转移效率来理解这一令人失望的结果。我们发现，三个阶段的平均效率水平显著下降，其中价值创造阶段被认为是最薄弱的环节。对决定因素的分析表明，师资质量更好、技术转移办公室经验丰富、附属投资基金更多、重点全面而非专业化的大学在这三个阶段的表现都更好。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Asian Economic Papers ECONOMICS-

CiteScore

7.50

自引率

0.00%

发文量

期刊介绍： The journal Asian Economic Papers (AEP) is supported by several prominent institutions, including the Center for Sustainable Development at Columbia University in the United States. This shows that there is a strong emphasis on sustainable development within the journal's scope. Additionally, the Korea Institute for International Economic Policy in South Korea, the UN Sustainable Development Solutions Network (SDSN) in Malaysia, and the Economic Research Institute for ASEAN and East Asia in Indonesia also sponsor AEP. The articles published in AEP focus on conducting thorough and rigorous analyses of significant economic issues pertaining to specific Asian economies or the broader Asian region. The aim is to gain a deeper understanding of these issues and provide innovative solutions. By offering creative solutions to economic challenges, AEP contributes to the discourse and policymaking that impact the Asian economies and region as a whole.