Abstract
This research aimed to empirically investigate the types of LINC+ budget execution of individual universities participated in LINC+ and the industry-university cooperation performance differences based on the derived budget execution types, and to suggest policy implications to improve the performance of LINC 3.0. To achieve the purpose, this study exploits LINC+ budget execution dataset of 50 universities participated in LINC+ from 2017 to 2019 utilizing cluster analysis, OLS and fixed effect model. The major findings showed that LINC+ budget execution can be divided into ‘Industry-university cooperative program and industry linkage centered universities’ and ‘Industry-university cooperative infrastructure centered universities’. Furthermore, ‘infrastructure-centered universities’ were more effective in improving the ratio of students involved in contract department with industry than ‘program and industry-linkage centered universities’. This study attempted to provide useful policy implications to improve the performance of individual universities participated in LINC 3.0 and suggestions for policy practitioners in the field of industry-university cooperation.
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