A Research on Affecting Factors of Firm-University-Institute Linkage——Dynamic Panel Analysis Based on Two-step System GMM [an error occurred while processing this directive]
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Economic Survey  2014, Vol. 31 Issue (2): 074    DOI:
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A Research on Affecting Factors of Firm-University-Institute Linkage——Dynamic Panel Analysis Based on Two-step System GMM
XU Yi1, 2, XING Fei3
1.School of Public Finance and Tax, Zhongnan University of Economics and Law, Wuhan 430073, China; 2.School of Public Finance and Tax, Guizhou University of Finance and Economics, Guiyang 550004, China; 3.School of Economics, Huazhong University of Science and Technology, Wuhan 430074, China
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Abstract This paper examines the affecting factors of linkage, using panel data analysis on China’s large and medium-sized manufacturing enterprises. The final results are as followed: in the long run, firm-university-institute linkage will be strengthened by the extent of the long-term innovation capacity and the government’s policy on financing R&D and the cooperation relationship which was established earlier; there is significant discrepancy on affecting factors between institution and university linkage with enterprises; the linkage between institution and enterprises will be strengthened by the short-term profit that the firm cares; the linkage between university and enterprises is significantly strengthened by the corporation’s absorptive capacity, but weakened by the short-term profit that the firm is paying attention to.
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XU Yi
GENG Fei
Key wordsScientific Resource   Firm-university-institute Linkage   Affecting Factors   Two-step System GMM     
Received: 2013-04-26
ZTFLH:  F062.9  
Cite this article:   
XU Yi,GENG Fei. A Research on Affecting Factors of Firm-University-Institute Linkage——Dynamic Panel Analysis Based on Two-step System GMM. Economic Survey, 2014, 31(2): 074.
URL:  
http://www.jjjw.org.cn/CN/Y2014/V31/I2/074
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