EconPapers    
Economics at your fingertips  
 

Bridging the ivory tower and industry: How university science parks promote university-industry collaboration?

Yankun Kang, Ruiming Liu and Bingyan Yang

Research Policy, 2025, vol. 54, issue 6

Abstract: We investigate the impact of university science parks (USPs)—platforms designed to foster university-industry (UI) connections, specifically focusing on their role in UI patent collaboration. Utilizing the introduction of USPs in China between 2006 and 2016, we find that they are associated with a notable 50.8 % increase in UI collaborative patents, equivalent to approximately 1.8 additional patents per year. We further proposed that USPs can facilitate UI collaboration through three mechanisms—spatial proximity, intermediary services, and knowledge complementarity—and provided corresponding empirical evidence to support these claims. Furthermore, measured by the patent citations, we also find that these parks significantly enhance the quality of UI collaborations. These results underscore the pivotal role of USPs as facilitators of interaction between academic institutions and industries.

Keywords: University science park; University-industry collaboration; Patents (search for similar items in EconPapers)
JEL-codes: O31 O32 O38 (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0048733325000708
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:respol:v:54:y:2025:i:6:s0048733325000708

DOI: 10.1016/j.respol.2025.105241

Access Statistics for this article

Research Policy is currently edited by Anna Bergek, PhD, Alex Coad, PhD, Maryann Feldman, Elisa Giuliani, Adam B. Jaffe, Martin Kenney, Keun Lee, PhD, Ben Martin, MA, MSc, Kazuyuki Motohashi, Paul Nightingale, Ammon Salter, Maria Savona, Reinhilde Veugelers and John Walsh

More articles in Research Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-06-14
Handle: RePEc:eee:respol:v:54:y:2025:i:6:s0048733325000708