EconPapers    
Economics at your fingertips  
 

Knowledge growth in university-industry innovation networks – Results from a simulation study

Chongfeng Mao, Xianyun Yu, Qing Zhou, Rainer Harms and Gang Fang

Technological Forecasting and Social Change, 2020, vol. 151, issue C

Abstract: University-industry innovation networks (UIINs) are important agents of innovation, as they bring together the unique profiles of higher education and industry partners. Knowledge growth in these networks does not happen automatically. We analyze the impact of network density and heterogeneity on knowledge growth in UIINs. Knowledge grows through knowledge transfer, spillover, and knowledge innovation. Knowledge growth is a function of each agent's initial knowledge level, network density, and agent heterogeneity. To analyze these correlates of knowledge growth, we use a knowledge growth model based on multiple agents and simulate knowledge growth in a UIIN. Our results show that network density positively influences knowledge growth. Initially, this positive impact increases and then disappears with a further increase in network density. We also find that heterogeneity moderates the relationship between density and knowledge growth. Through the positive moderating effect of its impact on knowledge innovation, it promotes new knowledge generation in the entire innovation network, thus providing a basis for subsequent knowledge transfer. Our study supports and enriches the contingency view of knowledge growth in innovation networks.

Keywords: Network density; Network heterogeneity; Knowledge growth; Knowledge transfer; Knowledge innovation; Agent-based modeling and simulation (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0040162519304044
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:tefoso:v:151:y:2020:i:c:s0040162519304044

DOI: 10.1016/j.techfore.2019.119746

Access Statistics for this article

Technological Forecasting and Social Change is currently edited by Fred Phillips

More articles in Technological Forecasting and Social Change from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-19
Handle: RePEc:eee:tefoso:v:151:y:2020:i:c:s0040162519304044