Knowledge transfer through effective university‐industry interactions

Abstract

PurposeThe purpose of this paper is to present a strategic framework of successful knowledge transfer through the development of university‐industry interactions in China.Design/methodology/approachThe research is designed based on a single case study with qualitative analysis. Data were collected through documentary analysis, semi‐structured interviews and participated observations of the commercialization project within Tsinghua University (China), which is one of the world leading research universities in science and technological innovation.FindingsFour modes of university‐industry interactions during the process of knowledge transfer have been identified, which contribute to the success of knowledge transfer at different stages of university‐industry relations. They are: university‐dependent low sticky interaction; university‐dependent high sticky interaction; mutual‐dependent high sticky interaction; mutual‐dependent low sticky interaction. In addition, the development of entrepreneurial spirit within the university and the implementation of Professors of Practice have also been recognized as vital for building and maintaining effective university‐industry interactions.Originality/valueThe distinctiveness of this paper lies in contributing to the existing theories of knowledge transfer between university and industry by identifying the specific modes of interactions that contribute to the success of knowledge transfer between university and industry. The findings also have important implications for government policy makers, university academics and business practitioners for designing and implementing knowledge‐base innovation strategies and creating sustainable competitive advantages through successful knowledge transfer between university and industry. This may enable policy‐makers to understand the complexity and dynamics involved in the process of technology commercialization and take into account the importance of the institutional arrangement and appropriate incentive system in supporting effective knowledge transfer and commercialization.