Effects of Industry-University Collaboration on Enterprises’ Intellectual Capital in Zhejiang, China

Abstract

The objectives of this study were to investigate the effects of industry-university collaboration on enterprises’ intellectual capital, and studied the factors of industry-university collaboration on enterprises’ intellectual capital from the perspective of cross-organizational relationship management.  Survey questionnaire was used to collect the data from 406 high-tech enterprises in Zhejiang province using purposive sampling. Used exploratory factor analysis, identify and analyze the key factors that effects the enterprises’ intellectual capital by industry-university collaboration. Linear multiple regression is used to analyze the variables and to test the hypothesis.  The study found that the related industry-university collaboration relationship had a positive effect on enterprises’ intellectual capital, while the transactional relationship had a positive effect on human capital and structure capital, but had no significant positive effect on relationship capital. Therefore, enterprises should attach importance to the establishment of related relationship with universities and further enhance enterprises’ intellectual capital through effective cross-organizational management.