The mechanism of technological potential energy driving Industry-University-Research institution collaborative innovation

Ye Xu, Jie Zhu () and Changqi Tao
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Ye Xu: Jiangxi University of Finance and Economics
Jie Zhu: Jiangxi University of Finance and Economics
Changqi Tao: Jiangxi University of Finance and Economics

International Entrepreneurship and Management Journal, 2021, vol. 17, issue 4, No 2, 1567 pages

Abstract: Abstract This paper proposes and enriches the concept of technical potential energy based on field theory. On this basis, we analyze and verify the driving mechanism of technical potential energy on each stage of industry-university-research institution (IUR) collaborative innovation. Thus, the different effects on the different stages are unambiguous. First, the concept is defined based on three dimensions: the willingness of innovation subjects, the internal and external innovation environment, and participants’ attraction of innovation elements. Second, we analyze the promoting mechanism of technical potential energy in IUR collaborative innovation through conceptual model theory. Finally, system dynamics (SD) simulation analysis is used to verify the driving mechanism. The results show that technical potential energy promotes the establishment of IUR collaborative innovation alliances through the willingness and environment dimensions in the preparation stage. In the operation stage, technical innovation synergy and transfer synergy are driven by technical potential energy through the element dimension. In the extension stage, technical potential difference stimulates the technical spillover effect and facilitates innovation synergy. After entering the operation stage, the promoting effect of technical potential energy decreases somewhat, and the promoting effect of the technical potential energy of enterprises on IUR collaboration is higher than that of universities and research institutes.

Keywords: Technical potential energy; Innovation effect; Industry-University-Research institution (IUR) collaboration; System dynamics (search for similar items in EconPapers)
Date: 2021
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DOI: 10.1007/s11365-021-00770-6

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