University-industry collaboration and enterprise total factor productivity
This study evaluates how university-industry collaboration (UIC) affects total factor productivity (TFP). Based on unbalanced panel data of Chinese listed manufacturing enterprise between 2002 and 2022, our analysis reveals that: (1) UIC significantly enhances TFP; (2) the impact pathways through which UIC affects TFP include human capital, R&D investment, and management efficiency; (3) the effect of UIC on TFP is heterogeneous across firms' innovation capabilities, ownership types, and regional location; (4) the effect of UIC on TFP exhibits regional spillover effects. These findings provide valuable insights into how to leverage UIC to drive enterprise innovation, transformation, and upgrading.
Authors
- Anna Min Du (ORCID: https://orcid.org/0000-0002-1715-8774)
- Chong Chen (ORCID: https://orcid.org/0000-0003-4751-1134)
- Zhongyuan Li
- Jiaying Zhang (ORCID: https://orcid.org/0000-0003-1001-9189)
Institutions
- Wenzhou University (CN)
- Zhejiang University of Science and Technology (CN)
- Edinburgh Napier University (GB)
- Zhejiang University of Technology (CN)
Publication Details
- Journal
- International Review of Economics & Finance
- Published
- 2025-06-24
- DOI
- https://doi.org/10.1016/j.iref.2025.104311
- Citations
- 1
- Primary Topic
- International Business and FDI
- Type
- article
- Field-Weighted Citation Impact
- 2.23
Funders
- Zhejiang Office of Philosophy and Social Science