Analysis About The Impact Of Governance Intensity To Knowledge Spillover Effect Of University

Universities are the creator and transmitter of knowledge and technology,and their R&D activities have positive externalities which could enhance regional innovation through knowledge spillove.However,different from the innovation system of developed countries,the universities in China are still under the intensified control of the government,which are regarded as an obstacle to innovation due to their corruption and bureaucracy.Despite increasing attention to the role of government to firms’ innovation performance,few studies have explicitly shed light on its impact to universities.Drawing on knowledge spillover theory,this study established a model to examine the moderating effect of the governmental actions to the knowledge spillover effect of the universities,and provided a clear interpretation with empirical evidence to the knowledge spillover mechanism of the universities in China.This study utilized two different proxies to investigate the innovation performance of industrial enterprises by measuring the patent application number(intermediate outcome)and the new product sales volume(end outcome).Based on the improved Cobb-Douglas knowledge production function,the research took the ratio of state-owned economy as the proxy variable of the intensity of the planned economy.On the basis of the panel data of 30 provinces in China from 2003 to 2008,we used GLS with fixed effect model to examine whether unified control from the government will enhance or impede the knowledge spillover of universities.This paper,through the government intervention in the university innovation activities on the impact of the path to verify the government’s excessive centralization and unified control,although it can improve the short-term investment in university research and development activities,but in the long term may hinder the university knowledge spillover effect,Regional innovation performance has a negative impact.