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The Impact of Regional Patent Policies on University Technology Transfer: Empirical Evidence from China

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Abstract

The low commercialization rate of academic patents is a common challenge for develo** countries. This study evaluates the impact of provincial policies on the commercialization of academic patents using spatial regression models and propensity score matching methods. It also provides a reference for optimizing university patent management. Considering provincial patent policies enacted in China in 2016 as the treatment, the results show no significant effect of provincial patent policies on rights definition and implementation economics on the commercialization of academic patents. However, promotion standard policies have a significant positive effect on the commercialization of academic patents. A significant negative spatial spillover effect is observed on the commercialization of academic patents among universities with similar innovation capabilities. Furthermore, non-geographic distances, such as innovation distance, positively affect competition among universities and their commercialization of academic patents. Therefore, local governments should consider the needs of academic inventors for title promotion when designing and introducing patent incentive policies for universities.

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Jiafeng Gu had full access to all of the data in the study and takes responsibility for the integrity of the data and the accuracy of the data analysis.

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Acknowledgements

The authors gratefully acknowledge the Social Science Foundation of China(17BSH122) for the support of this research. Access to data: Jiafeng Gu had full access to all of the data in the study and takes responsibility for the integrity of the data and the accuracy of the data analysis.

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The author(s) disclosed receipt of the following financial support for the research, authorship, and/or publication of this article: This research is funded by the National Social Science Foundation of China(17BSH122).

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Correspondence to Jiafeng Gu.

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This research is funded by the National Social Science Foundation of China(17BSH122). The authors declare that they have no conflict of interest. Because the data in this research is not collected from human subjects and is not involving Human Participants and/or Animals, EA is no needed in this research.

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Gu, J. The Impact of Regional Patent Policies on University Technology Transfer: Empirical Evidence from China. J Knowl Econ (2024). https://doi.org/10.1007/s13132-024-01884-2

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  • DOI: https://doi.org/10.1007/s13132-024-01884-2

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