Management Review ›› 2023, Vol. 35 ›› Issue (2): 147-155.

• Innovation and Entrepreneurship Management • Previous Articles     Next Articles

An Empirical Research on Industry-University-Research Cooperation and Corporate Innovation Quality

Wang Jingyu1, Liu Changcui2, Zhang Hongliang3   

  1. 1. School of Accountancy, Beijing Wuzi University, Beijing 101149;
    2. Beijing Municipal Commission of Development and Reform, Beijing 101160;
    3. Business School, Beijing Technology and Business University, Beijing 100048
  • Received:2020-11-06 Online:2023-02-28 Published:2023-03-27

Abstract: Through collecting and sorting out the data of industry-university-research cooperation of listed companies in 2010-2018 by hand, the difference-in-difference model is used to study the impact of industry-university-research cooperation on corporate innovation from the perspective of innovation quality. It is found that the cooperation between industry-university-research institutes is conducive to the improvement of the quality of enterprise innovation. In addition, the absorptive capacity of enterprises plays a positive regulatory role in the relationship between the cooperation and the quality of innovation. The improvement of market competition is conducive to the improvement of the quality of the cooperation and innovation. After further dividing the industry university research cooperation into two modes:joint construction and expert joint, the results show that compared with the expert joint mode, the joint construction mode plays a more significant role in promoting the innovation quality of enterprises.

Key words: industry-university-research cooperation, corporate innovation quality, quasi-natural experiment