University-industry collaboration and enterprise total factor productivity
Chong Chen,
Jiaying Zhang,
Anna Min Du and
Zhongyuan Li
International Review of Economics & Finance, 2025, vol. 102, issue C
Abstract:
This study evaluates how university-industry collaboration (UIC) affects total factor productivity (TFP). Based on unbalanced panel data of Chinese listed manufacturing enterprise between 2002 and 2022, our analysis reveals that: (1) UIC significantly enhances TFP; (2) the impact pathways through which UIC affects TFP include human capital, R&D investment, and management efficiency; (3) the effect of UIC on TFP is heterogeneous across firms' innovation capabilities, ownership types, and regional location; (4) the effect of UIC on TFP exhibits regional spillover effects. These findings provide valuable insights into how to leverage UIC to drive enterprise innovation, transformation, and upgrading.
Keywords: University-industry collaboration; Total factor productivity; Human resources; R&D investment; Management efficiency (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:reveco:v:102:y:2025:i:c:s1059056025004745
DOI: 10.1016/j.iref.2025.104311
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