Co-Innovation Network Driven Entrepreneurship in High-Tech Technology-Evidences from China

The establishment of high-tech industrial development zones (HID) is employed as an innovation policy instruments for developing industrial technological upgrading in emerging China. The government sponsored HIDs have proven to be remarkably in university-industry-government (U-I-G) coalition in driving academic knowledge and commercialized applications to which we refer as co-innovation network. The firms embedded in HIDs for obtaining co-innovation assistance resources as a new innovation and commercialization paradigm for government innovation policies. We applied an analytic inductive case-based method and social network analysis to study one particular co-innovation network for creating academic entrepreneurship firms in emerging market. Drawing on fine-grained two HIDs and large-scale survey firm-level data between 2010 and 2013 on Pearl River Delta (PRD), government sponsored co-innovation provide evidence of the different model through which university-industry (U-I) co-evolve and respective measures of commercializing academic knowledge success. Furthermore, the empirical results suggest that the government sponsored innovation is crucial drive force to the level of academic knowledge commercialization in emerging China market.