The innovation value chain of patents: Breakthrough in the patent commercialization trap in Chinese universities.

ABSTRACT: The innovation value chain is an effective tool for analysing innovation activities and reflects the process of value creation and increase in innovation activities. From the perspective of innovation value chains, we divided patent innovation activities into three stages: knowledge innovation stage, applied research stage and patent commercialization stage. The panel data from 64 universities directly managed by the Ministry of Education from 2009 to 2017 were used and several conclusions were drawn: 1) In the initial stage of knowledge innovation, the fundamental research fund plays a crucial promoting role, and knowledge innovation achievements are mainly published academic papers. 2) In the applied research stage, the knowledge innovation in the early stage and the fund investment in R

SUBMITTER: Gong H 

PROVIDER: S-EPMC7098622 | biostudies-literature | 2020

REPOSITORIES: biostudies-literature