The impact of industry-university-research projects on biopharmaceutical companies’ innovation performance: moderating roles of government subsidies for innovation
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 governmen...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Frontiers Media S.A.
2023-11-01
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| Series: | Frontiers in Public Health |
| Subjects: | |
| Online Access: | https://www.frontiersin.org/articles/10.3389/fpubh.2023.1271364/full |
| _version_ | 1797627671502389248 |
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| author | Yuntian Xia Yuntian Xia Yiwen Jia Yiwen Jia |
| author_facet | Yuntian Xia Yuntian Xia Yiwen Jia Yiwen Jia |
| author_sort | Yuntian Xia |
| collection | DOAJ |
| description | 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. |
| first_indexed | 2024-03-11T10:27:42Z |
| format | Article |
| id | doaj.art-78a64781a9bf45c7a31187591dceaa34 |
| institution | Directory Open Access Journal |
| issn | 2296-2565 |
| language | English |
| last_indexed | 2024-03-11T10:27:42Z |
| publishDate | 2023-11-01 |
| publisher | Frontiers Media S.A. |
| record_format | Article |
| series | Frontiers in Public Health |
| spelling | doaj.art-78a64781a9bf45c7a31187591dceaa342023-11-15T08:13:47ZengFrontiers Media S.A.Frontiers in Public Health2296-25652023-11-011110.3389/fpubh.2023.12713641271364The impact of industry-university-research projects on biopharmaceutical companies’ innovation performance: moderating roles of government subsidies for innovationYuntian Xia0Yuntian Xia1Yiwen Jia2Yiwen Jia3School of Economics and Management, Hefei Normal University, Hefei, ChinaSchool of Management, University of Science and Technology of China, Hefei, ChinaDepartment of Gastroenterology, Hefei First People’s Hospital, Hefei, ChinaDepartment of Gastroenterology, The Third Affiliated Hospital of Anhui Medical University, Hefei, ChinaInnovation 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.https://www.frontiersin.org/articles/10.3389/fpubh.2023.1271364/fullindustry-university-research cooperationinnovationqualityinputsinnovation subsidies |
| spellingShingle | Yuntian Xia Yuntian Xia Yiwen Jia Yiwen Jia The impact of industry-university-research projects on biopharmaceutical companies’ innovation performance: moderating roles of government subsidies for innovation Frontiers in Public Health industry-university-research cooperation innovation quality inputs innovation subsidies |
| title | The impact of industry-university-research projects on biopharmaceutical companies’ innovation performance: moderating roles of government subsidies for innovation |
| title_full | The impact of industry-university-research projects on biopharmaceutical companies’ innovation performance: moderating roles of government subsidies for innovation |
| title_fullStr | The impact of industry-university-research projects on biopharmaceutical companies’ innovation performance: moderating roles of government subsidies for innovation |
| title_full_unstemmed | The impact of industry-university-research projects on biopharmaceutical companies’ innovation performance: moderating roles of government subsidies for innovation |
| title_short | The impact of industry-university-research projects on biopharmaceutical companies’ innovation performance: moderating roles of government subsidies for innovation |
| title_sort | impact of industry university research projects on biopharmaceutical companies innovation performance moderating roles of government subsidies for innovation |
| topic | industry-university-research cooperation innovation quality inputs innovation subsidies |
| url | https://www.frontiersin.org/articles/10.3389/fpubh.2023.1271364/full |
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