Abstract

At the era of knowledge economy, knowledge innovation is crucial for an enterprise. On the basis of the definition of the cooperation of industry, university and research institute, the paper illustrates the reason why knowledge innovation needs the cooperation of industry, university and research institute, presents what is the cooperative process of industry, university and research institute leads to knowledge innovation, and concludes that the trend of collaborative competition stimulates the cooperation of industry, university and research institute into the developmental direction of knowledge innovation.

Highlights

  • With the advent of the era of knowledge economy, people attach more and more attention to the production, transmission, transition, and conversion of knowledge

  • At the era of knowledge economy, the trend of collaborative competition stimulates the cooperation of industry, university and research institute into the developmental direction of knowledge innovation[1]

  • The cooperation of industry, university and research institute means that industry, university and research institute forms a sort of union to co-research according to a certain rule or standard

Read more

Summary

Introduction

With the advent of the era of knowledge economy, people attach more and more attention to the production, transmission, transition, and conversion of knowledge. At the era of knowledge economy, the trend of collaborative competition stimulates the cooperation of industry, university and research institute into the developmental direction of knowledge innovation[1]. The productivity of human capital is enhanced by the increasing of repository[2]. It means that on the one hand, an enterprise needs much capital investment in purchasing scientific achievements and develop new products with high scientific and technological content, on the other hand, university and research institute throw research findings into productivity and create enormous economic value. Where H is human capital included in expenditure of R&D, A represents knowledge inventory of R&D, δ is productivity parameter of R&D, Δ Α is output rate. Formula indicates that the bigger is H and A, the bigger is ΔΑ, which means the more is human capital and the higher is knowledge inventory, the higher is knowledge inventory of R&D

ΔK is capital increment
Conclusions
Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call