School of Economics, Central University of Finance and Economics, Shahe area, Changping District, Beijing, China.
Suzhou Institute of Trade & Commerce, Huqiu District, Suzhou City, Jiangsu Province, China.
PLoS One. 2024 Jul 26;19(7):e0305695. doi: 10.1371/journal.pone.0305695. eCollection 2024.
China's high-quality development cannot be achieved without high-quality research. As the university is an indispensable source of advanced research, analyzing the impact of university-industry collaboration (UIC) on firm performance helps us understand the significance of universities for China's economic development and innovation activities. As existing research does not pay attention to the impact of UIC on the productivity of Chinese firms, we examine the impact of such collaboration on firm productivity using natural language processing and by matching China's intellectual property and listed firms' operations databases. The empirical results show that UIC can promote firm productivity by improving the quality of their innovations, strengthening internalization efficiency, and broadening their research horizons. Moreover, the UIC process has a pronounced effect on promoting firm productivity in technology- and intellectual property-intensive industries. From the UIC perspective, we interpret China's economic development and provide new insights for developing countries regarding using universities to alleviate the insufficiency of private R&D investments.
中国的高质量发展离不开高质量的研究。由于大学是先进研究不可或缺的源泉，因此分析产学研合作对企业绩效的影响有助于我们理解大学对中国经济发展和创新活动的重要性。由于现有研究没有关注产学研合作对中国企业生产力的影响，我们使用自然语言处理并通过匹配中国知识产权和上市公司运营数据库，考察了这种合作对企业生产力的影响。实证结果表明，产学研合作可以通过提高创新质量、增强内化效率和拓宽研究视野来促进企业生产力。此外，产学研合作过程对促进技术和知识产权密集型产业的企业生产力具有显著影响。从产学研合作的角度出发，我们解释了中国经济的发展，并为发展中国家利用大学来缓解私人研发投资不足提供了新的见解。
