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Funding research in universities: do government resources act as a complement or substitute to industry funding?

  • Yuandi Wang
  • , Yu Chen
  • , Weiping Li*
  • , Tao Wang
  • , Lijia Guo
  • , Jason Li-Ying
  • , Jiashun Huang*
  • *Corresponding author for this work

Research output: Journal Publications and ReviewsRGC 21 - Publication in refereed journalpeer-review

74 Downloads (CityUHK Scholars)

Abstract

The interactions between universities and businesses have become key drivers of today’s economic growth and firms’ business success. However, a key factor, the existing relationship between government and industry funding, is largely underexplored. This study investigates the relationship between government and industry funding for universities, in the context of developing countries, specifically taking China as a case. We found that there is a substitution effect between the two types of funding and this effect varies from different types of universities. We discuss our findings and draw implications for firms that seek to collaborate with universities.
Original languageEnglish
Pages (from-to)1377-1393
JournalEconomic Research-Ekonomska Istrazivanja
Volume33
Issue number1
Online published2 May 2020
DOIs
Publication statusPublished - 2020

Bibliographical note

Information for this record is supplemented by the author(s) concerned.

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth
  2. SDG 9 - Industry, Innovation, and Infrastructure
    SDG 9 Industry, Innovation, and Infrastructure

Research Keywords

  • business and economics
  • government funding
  • industry funding
  • University-industry interaction

Publisher's Copyright Statement

  • This full text is made available under CC-BY 4.0. https://creativecommons.org/licenses/by/4.0/

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