Research On Industry-University-Research Knowledge Operational Risk Management

As China's economy has entered a period of new normal and the economic restructuring is operating in depth,there is a greater demand for the allocation of various market elements.The union of Industry-University-Research Institute collaborative innovation performs as an effective way of integrating resources,and the nation-led union has been piloting vastly in local areas.However,due to the massive changes in the economic environment,the collaboration between enterprises,governments and research institutes has shown new traits of complication and multi-dimension,thus the simple collaboration mode cannot meet the demand of various stakeholders have on the union.Therefore,the operation of the innovation union has failed to achieve the expected aim in practice.Resulting from the unclear and inconsistent cognition of the major traits of different union development phases,and the driven disciplines behind them,the union practitioners and public policy makers are not able to carry out suitable measurements according to the characteristics of the union.Contemporarily,the ways to lower the risk of union collaboration,to optimize the collaboration methods,to improve the effectiveness and to explain the development rule,are still frontier issues in the theory field and a question which requires practical proof.The essay outlines the domestic and overseas researches concerning the elements influencing Industry-University-Research Institute collaboration,knowledge innovation union,its risk management and the development tendency of researches.Based on this,the essay draws from the theoretical analytical frame of neoinstitutional economics,and empirical studies of game theory and econometrics,to analyse the union's operational system,the recognition and evaluation of its operation risk,and to come up with the ways of controlling the risks.Analyses the meaning and traits of Industry-University-Research Institute collaborative innovation union,discusses its operational system from perspectives of learning,interest distribution and collaboration mechanisms,and mainly studies the union's collaboration mechanism from the aspects of inside-enterprise-collaboration,enterprise-union collaboration and researchers' value-system-union collaboration.By construction a game model which explains the union's technical advantages,the essay analyses the union's effectiveness through discussing the scale advantage of technical development,demonstrates the mechanism of the marketization value of technology and contribution from various parties,and lay the theoretical basis of union risk control research.Analyses and recognizes the risks of union's interest parties,of its operationprocess and of its operation environment,redefines the composing elements of the risk of Industry-University-Research Institute collaborative innovation union,researches the category and driving forces of the union's risk,and deconstructs the interactions and relations between different operation risks.According to the risk traits of the union,the essay creatively utilizes the ELECTRE-?decision-making method to conduct the selection of union partnership,chooses the best partner based on the advantageous subset,builds a weak-ordering relation among selected partners,constructs a decision model of union partnership selection,establishes a quantitative method and analytical frame of union risk control and offers a scientific proof for an objective evaluation of union operation risks.Studies in depth and systematically the process of union risk control,divides the life cycle of the union into four phases: establishment,operation,profit distribution and disintegration.It also defines the paths of the realization of risk control,unveils the relations between the risk elements in different phases,and analyses the process of union development based on the accumulative and hysteretic traits of risks.By conduction researches through game model,it studies the risk production mechanism of the union in a dynamic development process,comes up with the control mechanism of the union risk,aiming at improving the union' effectiveness and solving the instability of the union collaboration.Builds a econometric model,empirically analyses the influence mechanism of risks have on the union's operation effectiveness,examines the actual influence the interest parties,the process and environmental risks have on its effectiveness and proves the theoretical analysis.The essay covers the shortage of the studies of knowledge union collaboration's effectiveness and management mechanism in current literature,provides new models and paths for empirical application researches on effective union partner selection,and complements the researches on risk management.The empirical proof offers valuable decision-making advice for union participants and policy makers.