The impact of industry-university-research projects on biopharmaceutical companies' innovation performance: moderating roles of government subsidies for innovation

被引：5
作者：
Xia, Yuntian [1 ,2 ]
Jia, Yiwen [3 ,4 ]
机构：
[1] Hefei Normal Univ, Sch Econ & Management, Hefei, Peoples R China
[2] Univ Sci & Technol China, Sch Management, Hefei, Peoples R China
[3] Hefei First Peoples Hosp, Dept Gastroenterol, Hefei, Peoples R China
[4] Anhui Med Univ, Affiliated Hosp 3, Dept Gastroenterol, Hefei, Peoples R China
来源：
FRONTIERS IN PUBLIC HEALTH | 2023年 / 11卷
关键词：
industry-university-research cooperation; innovation; quality; inputs; innovation subsidies; KNOWLEDGE-BASED THEORY; PRODUCT INNOVATION; FIRMS; COLLABORATION; NETWORKS; ALLIANCES; LEVEL;
D O I：
10.3389/fpubh.2023.1271364
中图分类号：
R1 [预防医学、卫生学];
学科分类号：
1004 ; 120402 ;
摘要：
Innovation holds paramount importance for both nations and businesses. This article presents a panel regression model designed to assess the fixed effects of industry-university-research (IUR) cooperation projects on innovation performance. Furthermore, it examines the moderating impact of government innovation subsidies by utilizing data spanning from 2007 to 2021, encompassing 326 listed Chinese biopharmaceutical firms. Our findings reveal that industry-university-research-cooperation projects have the potential to significantly enhance innovation performance across three key metrics: input, output, and quality for firms. The presence of government innovation subsidies as a moderator is found to have a positive influence on IUR-cooperation projects and their innovative inputs. However, it can yield adverse effects on IUR-cooperation projects with respect to innovation outputs and quality. The insights presented in this paper introduce innovative recommendations for elevating corporate innovation quality and refining the policies governing IUR cooperation.
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页数：16
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