A Journal of University-Industry-Government Innovation and Entrepreneurship
Table 5 The functions of the institutional spheres for innovation in China
Government | University | Industry | |
|---|---|---|---|
Unique functions | • Make policies, regulations, and laws | In general, produce, disseminate, and apply knowledge to create spirit value | In general, applying scientific and technological knowledge to create material value |
• Consider significant national programs and organizing key projects | • Provide quality human resources for R & D | • Produce products | |
• Provide funding for key national and regional R & D projects | • Commit to basic research | • Engage in experimental development | |
• Supervise the competition order | • Develop education in innovation and entrepreneurship | • Finance business | |
• Organize university-industry traffics | • Marketing | ||
Shared functions | • Help policy making and decision making through consulting | ||
• Invent new technologies | |||
• Provide various professional training | |||
• Provide consulting for business | |||
• Promote postgraduate education | |||
• Foster SMEs | • Foster SMEs | ||
• Take care of environment protection | • Take care of environment protection | ||
• Construct innovation culture in the society | |||
• Provide public service through consulting | |||
• Help firm-formation | |||
• Build the shared information platform | |||