The Impact of Regional Patent Policies on University Technology Transfer: Empirical Evidence from China

Jiafeng Gu ()
Additional contact information
Jiafeng Gu: Peking University

Journal of the Knowledge Economy, 2024, vol. 15, issue 4, No 118, 18770-18796

Abstract: Abstract The low commercialization rate of academic patents is a common challenge for developing countries. This study evaluates the impact of provincial policies on the commercialization of academic patents using spatial regression models and propensity score matching methods. It also provides a reference for optimizing university patent management. Considering provincial patent policies enacted in China in 2016 as the treatment, the results show no significant effect of provincial patent policies on rights definition and implementation economics on the commercialization of academic patents. However, promotion standard policies have a significant positive effect on the commercialization of academic patents. A significant negative spatial spillover effect is observed on the commercialization of academic patents among universities with similar innovation capabilities. Furthermore, non-geographic distances, such as innovation distance, positively affect competition among universities and their commercialization of academic patents. Therefore, local governments should consider the needs of academic inventors for title promotion when designing and introducing patent incentive policies for universities.

Keywords: Patent policies; Commercialization of academic patents; Spatial regression model; Innovation distance; China (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s13132-024-01884-2 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

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:spr:jknowl:v:15:y:2024:i:4:d:10.1007_s13132-024-01884-2

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/13132

DOI: 10.1007/s13132-024-01884-2

Access Statistics for this article

Journal of the Knowledge Economy is currently edited by Elias G. Carayannis

More articles in Journal of the Knowledge Economy from Springer, Portland International Center for Management of Engineering and Technology (PICMET)
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().