The Efficiency of University Technology Transfer in China

Xiaoqing Fu

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Research, Science, and Academia Innovation Policy and R&D Science, Technology, and Education in Latin America

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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References

1977Formulation and estimation of stochastic frontier production function models 2000The dynamics of innovation: from National Systems and “Mode 2” to a Triple Helix of university–industry–government relations 1995A model for technical inefficiency effects in a stochastic frontier production function for panel data 1979Issues in Assessing the Contribution of Research and Development to Productivity Growth 2002Assessing the impact of organizational practices on the relative productivity of university technology transfer offices: an exploratory study 2010Investigating the factors that diminish the barriers to university–industry collaboration 2005Entrepreneurial orientation, technology transfer and spinoff performance of U.S. universities 2002Who Is Selling the Ivory Tower? Sources of Growth in University Licensing

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2025How to promote university technology transfer? A configuration analysis based on technology, organization and environment framework 2023Evaluation framework for facilitating the technology transfers of universities: Focusing on the perspective of technology donors

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