5894 
5771In the regional innovation system, government is the main part of institutional innovation, enterprise is the main part of technological innovation, and university is the main part of knowledge innovation. In other words, government is responsible for providing institutional support for effective innovation, enterprise is responsible for adapting to the market and applying R&D to business applications, and university is responsible for the production, spreading and transfer of knowledge. With the rapid economic globalization, international cooperation and cross-border alliances among each innovation entities have an increasing influence on regional innovation capability. Existing literature has done a lot of research on the internationalization of enterprises and innovation. However, university as an important part of social innovation system in the era of knowledge economy, the influence of its degree of internationalization on innovation capability is rarely researched. In theory, the internationalization of university is an international " learning-by-alliances”. On the one hand, it increases the international spread of codified knowledge through international textbooks, scientific research projects, and conference exhibitions. On the other hand, it increases the spread of tacit knowledge by increasing the international exchange of students and teachers. These all provide conditions for the production of new knowledge and the spreading of old knowledge in different groups and regions, which in turn will improve the regional innovation capability. The paper makes a quantitative analysis on the internationalization of university and the regional innovation capability based on the triple-helical innovation model of government-enterprise-university. It is found that the innovation coordination environment for government-enterprise-university is generally regionalized and the level of cooperation is low. Both openness and marketization of the regional scientific research system are not high, and the overall regional innovation coordination is poor. In the close coordination regions, the regional innovation coordination is related well and the degree of university’s internationalization has great influence on the regional innovation capability. Furthermore, in the less close coordination regions, the ability of university’s internationalization has a relatively larger impact on regional innovation capability. On the whole, in the close coordination regions, the internationalization of university in the form of no matter " go abroad” " bring in” or " face to face” all have a significant positive impact on the innovation capability. Affected by variable selection, the impact from "codified" university’s internationalization is not significant. In the less close coordination regions, the R&D input from university is the main factor affecting regional innovation capability. In addition to this, it is necessary to adopt the internationalization of university in the form of " bring in” as well as " face to face” to promote local regional innovation capability.
/ Journals / Journal of Finance and Economics
Journal of Finance and Economics
LiuYuanchun, Editor-in-Chief
ZhengChunrong, Vice Executive Editor-in-Chief
YaoLan BaoXiaohua HuangJun, Vice Editor-in-Chief
Has the Internationalization of Universities Improved Regional Innovation Capability?
Journal of Finance and Economics Vol. 44, Issue 06, pp. 4 - 17 (2018) DOI:10.16538/j.cnki.jfe.2018.06.001
Summary
References
Summary
[1] Jin J, Ma Z, Liang Z P. An analysis on China-US cooperation in science and technology from the perspective of China-US co-authored papers' status [J], Science of Science and Management of S.& T., 2007, (5): 41-47. (In Chinese)
[2] Naru N. Globalization and Technology [M]. Leng M, He X Z Trans. Beijing: Intellectual Property Publishing House, 2011. (In Chinese)
[3] Li S B. Preliminary study on the evaluation index system of university internationalization [J]. Journal of South China Normal University (Social Science Edition), 2005, (6): 113-116. (In Chinese)
[4] Lu Y X. Rethinking on the national innovation system [J]. QIUSHI, 2002, (20): 6−8. (In Chinese)
[5] Qiu Y J. Evolution and experience of university internationalization [J]. Journal of Southwest Jiaotong University (Social Science), 2010, (2): 1-7. (In Chinese)
[6] Su J Q, Liu J H, Jiang Z H. The Model and Measurement of the Internationalization of National Innovation System: Comparison between China and America [M]. Beijing: Science Press, 2004. (In Chinese)
[7] Wang W C, Wu Y S, Pan Y T. Quantitative research on strength of collaboration of Chinese universities and their university - industry -government relations based on scientific papers [J]. Studies in Science of Science, 2013, (9): 1304-1312, 1337. (In Chinese)
[8] Xu K, Nie M. University-Industry-Government relations based on mutual information: comparative study between China and South Korea [J]. Journal of Intelligence, 2003, (4): 187-193. (In Chinese)
[9] Ye Y, Loet L, Wu Y S. Discussed study on the triple helix with its quantitative analysis method [J]. China Soft Science, 2014, (11): 131-139. (In Chinese)
[10] Zhao Y Y, Liu S M. Empirical study on China patent’ s effect on economic development mode:1988～ 2008 [J]. The Journal of Quantitative & Technical Economics, 2011, (4): 34-48. (In Chinese)
[11] Zhang Y H, Pan Y T, Ma Z. Evaluation methods for scientific papers [J]. Acta Editologica, 2004, (4): 243-244. (In Chinese)
[12] Carlsson B. Internationalization of innovation systems：A survey of the literature[J]. Research Policy,2006,35(1):56−67.
[13] Cooke P. Regional innovation systems–an evolutionary approach[A]. Cooke P, Heidenreich M, Braczyk H. Regional in-novation systems [C]. London:Routledge,2004.
[14] Ensley M D. Pearson A W. Amason A C. Understanding the dynamics of new venture top management teams: Cohesion, conflict,and new venture performance[J]. Journal of Business Venturing,2002,17(4): 365−386.
[15] Etzkowitz H, Leydesdorff L. The triple helix—university-industry-government relations: A laboratory for knowledge based economic development[J]. EASST Review,1995,14(1):14−19.
[16] Etzkowitz H,Webster A，Gebhardt C,et al. The future of the university and the university of the future：Evolution of ivory tower to entrepreneurial paradigm[J]. Research Policy,2000,29(2): 313−330.
[17] Fritsch M. Measuring the quality of regional innovation systems:A knowledge production function approach[J]. International Regional Science Review,2002,25(1): 86−101.
[18] Grant R M. Multinationality and performance among British manufacturing companies[J]. Journal of International Business Studies，1987，18(3): 79−89.
[19] Griliches Z. Issues in assesing the contribution of research and development to productivity growth [J], Bell journal of economics, 1979, 10(1):92-116
[20] Hansen B E. Threshold effects in non-dynamic panels：Estimation, testing, and inference[J]. Journal of Econometrics,1999,93(2):345−368.
[21] Jaffe A B. Real effects of academic research[J]. The American Economic Review,1989,79(5):957−970.
[22] Leydesdorff L. The measurement and evalution of triple hehix relation among university, industries, and governments[C]. Conpenhagen, The fourth international triple helix conference, 2002
[23] OECD. Quality and internationalisation in higher education[M]. Paris:OECD,1999.
[24] Polanyi M. The tacit dimension[M]. London：Routledge and Kegan Paul，1967.
[25] Scherer F M. Firm size，market structure,opportunity,and the output of patented inventions[J]. The American Econom-ic Review,1965,55(5): 1097−1125.
[26] Shaked I. Are multinational corporations safer?[J]. Journal of International Business Studies,1986,17(1): 83−106.
[27] Shannon C E. A mathematical theory of communication[J]. The Bell System Technical Journal，1948,27(3)： 379−423.
[28] Sullivan D. Measuring the degree of internationalization of a firm[J]. Journal of International Business Studies,1994,25(2):325−342.
[29] Vernon R. International investment and international trade in the product cycle[J]. The Quarterly Journal of Econom-ics,1966,80 (2): 190−207.
[30] Von Hippel E.“Sticky information” and the locus of problem solving: Implications for innovation[J]. Management Science，1994，40(4): 429−439.
[31] Youtie J, Shapira P. Building an innovation hub: A case study of the transformation of university roles in regional technological and economic development[J]. Research Policy, 2008,37(8): 1188−1204.
Cite this article
Wang Yeqiang, Zhu Chunxiao, Xing Fei. Has the Internationalization of Universities Improved Regional Innovation Capability?[J]. Journal of Finance and Economics, 2018, 44(6): 4-17.
Export Citations as:
For
