IDEAS home Printed from https://ideas.repec.org/a/wsi/ijimxx/v14y2010i01ns136391961000257x.html
   My bibliography  Save this article

An Empirical Inquiry Into "Academy-Run Enterprises" In China: Unique Characteristics And Evolutionary Changes

Author

Listed:
  • JONG-HAK EUN

    (School of International and Area Studies, Kookmin University, Korea;
    Jeongneung 3 dong, Seongbuk gu, Seoul, Korea)

  • KEUN LEE

    (Department of Economics, Seoul National University, Korea)

Abstract

This study analyzes the academy-run enterprises (AREs) in China, which have played an important role in the development of high-tech industries in China, but have rarely been deeply addressed in previous studies. The AREs, despite ostensibly sharing some similarities with the academic spin-offs (ASOs) found in other countries, have distinct historical origins and characteristics in China. In this study, we try to clarify the distinct features of Chinese AREs, particularly in terms of their relationship with their mother institutions, using questionnaire survey data collected from 102 AREs and subsequent follow-up interviews with the ARE managers. This study finds that, while the AREs have enjoyed an exclusive right to exploit various assets of their mother institutions, they have suffered from the interventions of the mother institutions and ambiguous property right arrangements with the mother institutions. More recently, AREs have begun to evolve in response to the changing environment. Furthermore, recently initiated reform measures are expected to accelerate this evolution. Using the survey results, this study assesses the short-term and long-term impact of the reform on Chinese AREs, and the subsequent impact on the academia-industry relationship and the national innovation system (NIS) in China.

Suggested Citation

  • Jong-Hak Eun & Keun Lee, 2010. "An Empirical Inquiry Into "Academy-Run Enterprises" In China: Unique Characteristics And Evolutionary Changes," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 14(01), pages 123-150.
    • Handle: RePEc:wsi:ijimxx:v:14:y:2010:i:01:n:s136391961000257x
    DOI: 10.1142/S136391961000257X
    as

    Download full text from publisher

    File URL: http://www.worldscientific.com/doi/abs/10.1142/S136391961000257X
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1142/S136391961000257X?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Huang,Yasheng, 1996. "Inflation and Investment Controls in China," Cambridge Books, Cambridge University Press, number 9780521554831, 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. Keun Lee & Raeyoon Kang, 2010. "University-Industry Linkages and Economic Catch-Up in Asia," Millennial Asia, , vol. 1(2), pages 151-169, July.

    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. Park, Albert & Sehrt, Kaja, 2001. "Tests of Financial Intermediation and Banking Reform in China," Journal of Comparative Economics, Elsevier, vol. 29(4), pages 608-644, December.
    2. Jieming Zhu, 2004. "Local developmental state and order in China's urban development during transition," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 28(2), pages 424-447, June.
    3. Herbert H. Werlin, 2009. "The Case for Democracy," Journal of Developing Societies, , vol. 25(3), pages 339-370, July.
    4. Li, Yuan, 2013. "Downward Accountability in Response to Collective Actions: The Political Economy of Public Goods Provision in China," Stockholm School of Economics Asia Working Paper Series 2013-26, Stockholm School of Economics, Stockholm China Economic Research Institute.
    5. L. Alan Winters & Shahid Yusuf, 2007. "Dancing with the Giants: China, India, and the Global Economy," World Bank Publications - Books, The World Bank Group, number 6632.
    6. Jieming Zhu, 2013. "Governance over Land Development during Rapid Urbanization under Institutional Uncertainty, with Reference to Periurbanization in Guangzhou Metropolitan Region, China," Environment and Planning C, , vol. 31(2), pages 257-275, April.
    7. Bai, Chong-En & Tao, Zhigang & Tong, Yueting Sarah, 2008. "Bureaucratic integration and regional specialization in China," China Economic Review, Elsevier, vol. 19(2), pages 308-319, June.
    8. Li, Hongbin & Zhou, Li-An, 2005. "Political turnover and economic performance: the incentive role of personnel control in China," Journal of Public Economics, Elsevier, vol. 89(9-10), pages 1743-1762, September.
    9. Qin, Duo & Song, Haiyan, 2009. "Sources of investment inefficiency: The case of fixed-asset investment in China," Journal of Development Economics, Elsevier, vol. 90(1), pages 94-105, September.
    10. Herbert Werlin, 2012. "Governance or Democracy," Challenge, Taylor & Francis Journals, vol. 55(1), pages 86-113.
    11. Liu, Guy S. & Sun, Pei & Woo, Wing Thye, 2006. "The Political Economy of Chinese-Style Privatization: Motives and Constraints," World Development, Elsevier, vol. 34(12), pages 2016-2033, December.
    12. Hong, Wei, 2008. "Decline of the center: The decentralizing process of knowledge transfer of Chinese universities from 1985 to 2004," Research Policy, Elsevier, vol. 37(4), pages 580-595, May.
    13. Huang, Yasheng, 1996. "Central-local relations in china during the reform era: The economic and institutional dimensions," World Development, Elsevier, vol. 24(4), pages 655-672, April.
    14. Harry X. Wu & Eric Girardin, 2016. "The ‘new’ normal is ‘old’ in China: Very late catching up and return to the (pre-WTO) old normal," EcoMod2016 9721, EcoMod.
    15. Hongbin Li & Li-An Zhou, 2003. "Political Turnover and Economic Performance: The Disciplinary Role of Personnel Control in China," Discussion Papers 00002, Chinese University of Hong Kong, Department of Economics.
    16. Jin, Hehui & Qian, Yingyi & Weingast, Barry R., 2005. "Regional decentralization and fiscal incentives: Federalism, Chinese style," Journal of Public Economics, Elsevier, vol. 89(9-10), pages 1719-1742, September.
    17. Kornai, János, 1997. "Pénzügyi fegyelem és puha költségvetési korlát [Financial discipline and soft budget constraint]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(11), pages 940-953.
    18. Li, Lixing, 2011. "The incentive role of creating "cities" in China," China Economic Review, Elsevier, vol. 22(1), pages 172-181, March.
    19. Shu-Yun Ma, 2010. "Shareholding System Reform in China," Books, Edward Elgar Publishing, number 13243.
    20. Xu, Cheng-Gang, 2010. "The Institutional Foundations of China?s Reforms and Development," CEPR Discussion Papers 7654, C.E.P.R. Discussion Papers.

    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:wsi:ijimxx:v:14:y:2010:i:01:n:s136391961000257x. 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: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscinet.com/ijim/ijim.shtml .

    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.