Impact of Firm Absorptive Capacity,Government R&DGrants and External Knowledge Acquisition on the Innovation Performance of University-industry Collaboration Project
Chen Guanghua1,Liang Jiaming2,Yang Guoliang1
1.Institute of Policy and Management,Chinese Academy of Sciences,Beijing 100190,China;
2.Guangdong Techno-Economy Research and Development Center,Guangzhou 510070,China
Abstract:This paper aims to explore firm absorptive capacity,government R&D grants and external knowledge acquisition on the innovation performance of different projects by taking Province-ministry University-industry Collaboration projects as examples to conduct negative binomial model using product innovation and process innovation separately as dependent variables.The results show that firm absorptive capacity has positive impact on product and process innovation.Government R&D grants show an “U” curve with product innovation and has no significant impact on process innovation.External knowledge acquisition shows inverse “U” curve with product and process innovation
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