Influential Factors upon Universities’ Patent Application in China Jiangsu Province: Based on Structural Equation Model

Wei Fang ,Congchen Lin ,Bu Yang ,Mingyin Kou

doi:10.7176/ejbm/12-9-01

Abstract

Nowadays, independent intellectual property rights have become a powerful weapon for the national competition. Mass innovation is also one of the engines of economic development. China is accelerating the construction of an innovative country. As patents are an important part of independent intellectual property rights, research on patents is helpful to China's innovation construction. Ten factors affecting the higher institutions’ patent application are summarized and extracted by carding literature. On this basis, three main factors including higher institutions’ internal environment, social environment and cooperative environment which influence the ten factors are abstracted by utilizing the exploratory factor analysis. Then, this paper takes China Jiangsu province higher institutions as an example to construct the influential factors’ routes model of higher institutions’ patent application. Structural equation model is used to verify and modify the model based on the questionnaire data. The results show that the three types of environment have a positive effect on higher institutions’ patent application, in which the higher institutions’ internal environment has the most effect on the patent application. The higher institutions’ internal environment and the social environment also have an effect on the cooperative environment, which also affects the patent application. Therefore, higher institutions and society are required to improve their internal environment and construct the favorable social environment of patent application respectively as well as the higher institutions and governments are required to create the cooperative environment that is beneficial for patent application so that they can promote the higher institutions’ patent application. Keywords: patent application; influential factors; influential route; structural equation model DOI: 10.7176/EJBM/12-9-01 Publication date: March 31 st 2020

Highlights

Since the 21st century, independent intellectual property has become an important strategic means of competition between countries and play an increasingly important role in the development of domestic economy[1]
From the evaluation index of the model, except the AGFI value is slightly less than the standard value of adaptation, the path model constructed in this paper satisfies the standard value, indicating that the value obtained by the model is statistically acceptable. It can be seen from table 4 that hypothesis H1~H5 is adopted, indicating that the internal environment, social environment and cooperative environment of universities all have a positive impact on the patent application of universities, and the internal environment and social environment of universities have a positive impact on the cooperative environment
In this paper, by constructing the patent application path factor model to explore the relationships between various factors and their impact on an application for a patent for path, the results show that the influence factors of the internal environment, social environment, the cooperative environment all have positive effects on university patent application and the internal environment and social environment has a positive effect on the www.iiste.org environment cooperation, hypothesis H1 ~ H5 all through

Summary

Introduction

Since the 21st century, independent intellectual property has become an important strategic means of competition between countries and play an increasingly important role in the development of domestic economy[1]. It can be seen from table 1 that the factor loading of each influencing factor is greater than 0.8, indicating that the extracted factor has a high degree of interpretation to the variable, and the cumulative variance contribution rate is 83.824%, value is large, indicating that the extracted common factor is scientific and reasonable and suitable for being a latent variable in the structural equation model. It can be seen that these two factors mainly reflect the cooperative environment between universities and enterprises, so factor 3 can be named as the cooperative environment factor

Variable design and research assumptions

Findings

Conclusion and suggestion