IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v13y2021i18p10027-d630749.html
   My bibliography  Save this article

Factors Affecting Technology Transfer of Universities in the LINC (Leaders in Industry-University Cooperation) Program of Korea

Author

Listed:
  • Seunghoo Jin

    (Innovation Team, Samsung SDS, Seoul 05510, Korea)

  • Kangwon Lee

    (Academic Support Team, Korea Institute for Advanced Study, Seoul 02445, Korea)

Abstract

The purpose of our study was to propose the measures necessary to promote industry-academic cooperation by investigating and analyzing factors affecting its performance Recently, the Korean government increased the budget available for industry-academic cooperation to help nurture industrial talent and promote industry-academic cooperation. In our study, the results of industry-academic cooperation for 48 universities that carried out the 5-year LINC development project from 2012 to 2016 were analyzed via panel analysis to identify any factors affecting the performance. Our analysis revealed that the organizational capabilities of the university—including the number of dedicated professors, the number of projects assigned, and the financial support—had a significant effect on technical commercialization. In addition, we found that the moderating effect of allied companies on the relationship between the organizational capabilities of universities and their technical commercialization was significant. However, the results of our analysis differed depending on university location. Universities in and around the Capital region benefited from their organizational capabilities and cooperation with allied companies. Based on the results of the analysis, we conclude that it is necessary to consider a variety of factors, including efficient support of the industry-academic cooperation budget and practical application of industry-academic cooperation systems.

Suggested Citation

  • Seunghoo Jin & Kangwon Lee, 2021. "Factors Affecting Technology Transfer of Universities in the LINC (Leaders in Industry-University Cooperation) Program of Korea," Sustainability, MDPI, vol. 13(18), pages 1-15, September.
  • Handle: RePEc:gam:jsusta:v:13:y:2021:i:18:p:10027-:d:630749
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/13/18/10027/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2071-1050/13/18/10027/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Jun Houng Kim & Seok-Jin Eom, 2019. "The Managerial Dimension of Open Data Success: Focusing on the Open Data Initiatives in Korean Local Governments," Sustainability, MDPI, vol. 11(23), pages 1-15, November.
    2. Choo Yeon Kim & Myung Sub Lim & Jae Wook Yoo, 2019. "Ambidexterity in External Knowledge Search Strategies and Innovation Performance: Mediating Role of Balanced Innovation and Moderating Role of Absorptive Capacity," Sustainability, MDPI, vol. 11(18), pages 1-23, September.
    3. Jinhyo Joseph Yun & EuiSeob Jeong & YoungKyu Lee & KyungHun Kim, 2018. "The Effect of Open Innovation on Technology Value and Technology Transfer: A Comparative Analysis of the Automotive, Robotics, and Aviation Industries of Korea," Sustainability, MDPI, vol. 10(7), pages 1-16, July.
    4. Feiran Dong & Yongzhen Xie & Linjun Cao, 2019. "Board Power Hierarchy, Corporate Mission, and Green Performance," Sustainability, MDPI, vol. 11(18), pages 1-27, September.
    5. Joshua B. Powers, 2003. "Commercializing Academic Research," The Journal of Higher Education, Taylor & Francis Journals, vol. 74(1), pages 26-50, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Hao Wang & Sha He, 2023. "Research on Factor Coupling of Industrialization of Oil and Gas Scientific and Technological Achievements," Energies, MDPI, vol. 16(11), pages 1-17, May.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. JinHyo Joseph Yun & Xiaofei Zhao & KwangHo Jung & Tan Yigitcanlar, 2020. "The Culture for Open Innovation Dynamics," Sustainability, MDPI, vol. 12(12), pages 1-21, June.
    2. Yousaf, Umair Bin & Ullah, Irfan & Jiang, Junchen & Wang, Man, 2022. "The role of board capital in driving green innovation: Evidence from China," Journal of Behavioral and Experimental Finance, Elsevier, vol. 35(C).
    3. JinHyo Joseph Yun & EuiSeob Jeong & Xiaofei Zhao & Sung Deuk Hahm & KyungHun Kim, 2019. "Collective Intelligence: An Emerging World in Open Innovation," Sustainability, MDPI, vol. 11(16), pages 1-15, August.
    4. Ponta, Linda & Puliga, Gloria & Lazzarotti, Valentina & Manzini, Raffaella & Cincotti, Silvano, 2023. "To copatent or not to copatent: An agent-based model for firms facing this dilemma," European Journal of Operational Research, Elsevier, vol. 306(3), pages 1349-1363.
    5. Shuichiro Kajima & Yuta Uchiyama & Ryo Kohsaka, 2020. "Intellectual Property Strategies for Timber and Forest Products: The Case of Regional Collective Trademark Applications by Japanese Forestry Associations," Sustainability, MDPI, vol. 12(5), pages 1-16, March.
    6. Lingyan Meng & Md Qamruzzaman & Anass Hamad Elneel Adow, 2021. "Technological Adaption and Open Innovation in SMEs: An Strategic Assessment for Women-Owned SMEs Sustainability in Bangladesh," Sustainability, MDPI, vol. 13(5), pages 1-22, March.
    7. Runhui Lin & Yuan Gui & Zaiyang Xie & Lu Liu, 2019. "Green Governance and International Business Strategies of Emerging Economies’ Multinational Enterprises: A Multiple-Case Study of Chinese Firms in Pollution-Intensive Industries," Sustainability, MDPI, vol. 11(4), pages 1-32, February.
    8. Ferdy F. F. Nuus & Petra C. M. Neessen & Cosmina L. Voinea & Marjolein C. J. Caniëls, 2022. "Sustainable Innovation in the Financial Sector during the Corona Crisis: How Discontinuity Affects Sustainable Innovation, Sustainable Entrepreneurial Orientation, and Absorptive Capacity," Sustainability, MDPI, vol. 14(11), pages 1-15, May.
    9. Berna Beyhan & M. Teoman Pamukçu & Erkan Erdil, 2011. "Individual and Organizational Aspects of University-Industry Relations in Nanotechnology: The Turkish Case," STPS Working Papers 1106, STPS - Science and Technology Policy Studies Center, Middle East Technical University, revised Jun 2011.
    10. Niels Stijn & Frank J. Rijnsoever & Martine Veelen, 2018. "Exploring the motives and practices of university–start-up interaction: evidence from Route 128," The Journal of Technology Transfer, Springer, vol. 43(3), pages 674-713, June.
    11. Dae Geon Kim & Sang Ok Choi, 2018. "Impact of Construction IT Technology Convergence Innovation on Business Performance," Sustainability, MDPI, vol. 10(11), pages 1-16, October.
    12. Lerch, Christian M. & Horvat, Djerdj & Jasny, Johannes, 2024. "When manufacturers turn into digital platform providers: A transformation model to understand the platformization pathway," International Journal of Production Economics, Elsevier, vol. 273(C).
    13. Amanor-Boadu, Vincent & Metla, Chandra Mohan Reddy, 2008. "Research Faculty, Entrepreneurship and Commercialization: The Case of Kansas State University," 2008 Annual Meeting, February 2-6, 2008, Dallas, Texas 6741, Southern Agricultural Economics Association.
    14. Hyoung Sun Yoo & Chul Lee & Seung-Pyo Jun, 2018. "The Characteristics of SMEs Preferring Cooperative Research and Development Support from the Government: The Case of Korea," Sustainability, MDPI, vol. 10(9), pages 1-18, August.
    15. Junic Kim, 2018. "Platform Adoption Factors in the Internet Industry," Sustainability, MDPI, vol. 10(9), pages 1-12, September.
    16. Claudia Curi & Cinzia Daraio & Patrick Llerena, 2012. "University technology transfer: how (in)efficient are French universities?," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 36(3), pages 629-654.
    17. Norrin Halilem & Nabil Amara & Réjean Landry, 2011. "Is the academic Ivory Tower becoming a managed structure? A nested analysis of the variance in activities of researchers from natural sciences and engineering in Canada," Scientometrics, Springer;Akadémiai Kiadó, vol. 86(2), pages 431-448, February.
    18. Seung Hoo Jin & Sang Ok Choi, 2019. "The Effect of Innovation Capability on Business Performance: A Focus on IT and Business Service Companies," Sustainability, MDPI, vol. 11(19), pages 1-15, September.
    19. Eun Hwa Lee & Choo Yeon Kim & Jae Wook Yoo, 2020. "Relationship between User Innovation Activities and Market Performance: Moderated Mediating Effect of Absorptive Capacity and CEO’s Shareholding on Innovation Performance," Sustainability, MDPI, vol. 12(24), pages 1-18, December.
    20. Maimouna Diouf & Choonjong Kwak, 2018. "Fuzzy AHP, DEA, and Managerial Analysis for Supplier Selection and Development; From the Perspective of Open Innovation," Sustainability, MDPI, vol. 10(10), pages 1-17, October.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:13:y:2021:i:18:p:10027-:d:630749. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.