Do funding sources matter?: The impact of university-industry collaboration funding sources on innovation performance of universities
Journal
Technology Analysis and Strategic Management
Journal Volume
31
Journal Issue
11
Pages
1368-1380
Date Issued
2019
Author(s)
Abstract
The nature of funding sources for university-industry collaboration (UIC) has gradually changed, which may motivate universities to pursue different goals. Therefore, a question arises concerning whether and how funding sources influence the innovation performance of universities. This study explicates this relationship by using organisational control theory. Results of structural equation modelling using partial least squares based on a sample of 146 Taiwanese universities revealed that both governmental and industrial funding facilitated UIC management mechanisms and regulation implementation, which subsequently influenced the innovation performance of universities. Moreover, governmental funding has a greater impact on implementing UIC regulations and industrial funding has a greater impact on building UIC management mechanisms. The results also revealed that only industrial funding exerts a positive influence on the innovation climate of a university. Policy implications are discussed at the end of this paper. © 2019, © 2019 Informa UK Limited, trading as Taylor & Francis Group.
Other Subjects
academic performance; industrial investment; industrial structure; innovation; policy approach; public spending; quantitative analysis; research and development; university sector; Taiwan
Type
journal article