Abstract

This article analyzes the different effects of industrial aggregation, industry-university collaboration, foreign direct investment and government support on innovation performance and the synergistic effect between them, thereby to identify the determinants of innovation output of Chinese high-tech industry in the period 2009-2018. The results indicate that industrial agglomeration and industry-university collaboration both have a significant positive impact on the patent output of high-tech industries, but the synergistic effect between industrial agglomeration and industry-university collaboration is significantly negative. Meanwhile, both of foreign direct investment and government support could negatively affect the innovation output, while their synergistic effect is positive.

Highlights

  • It is widely recognized that innovation is the main driver for establishing a competitive advantage and generating economic growth [1][2]

  • Using panel data from Chinese high-tech industries for the period of 2009 to 2018, we examine the complex impacts of industry agglomeration, university-industrial collaboration, foreign direct investment and government support on patent output in the context of open innovation, some conclusions have been summarized

  • Industrial agglomeration can significantly increase the patent output of hightech industries; in other words, the industrial agglomeration increases by 1%, and the patent output will increase by approximately 0.342%, suggesting that industrial agglomeration, as a spatial organization form, is an important channel to enhance innovation performance

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Summary

Introduction

It is widely recognized that innovation is the main driver for establishing a competitive advantage and generating economic growth [1][2]. High-tech firms, as carriers of industrial upgrades and transformation, treat the production and use of knowledge as an important factor, making it a critical factor for a country to establish itself on the leading edge of economic and technological advances [3]-[4]. The causes of industrial agglomeration are that geographical concentration can provide firms with easy access to critical resources, lower transport costs, access to customers, and a specialized and skilled labor pool, thereby creating knowledge externality and fostering innovation [9]. University-industry collaboration has been widely perceived as a promising tool for enhancing organizational capacity in open innovation-where an organization employs external networks in developing innovation and knowledge [13], as a complementary option to traditional internal R&D [14].

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