University Technology Transfer in Transition
- Elgar Intellectual Property and Global Development series
Chapter 9: Increasing the Technology Commercialization Capacity of Chinese Universities
9. Increasing the technology commercialization capacity of Chinese universities Universities in China are yet to become the key driver of national research and development. – Weiping Wu1 The last decade has been a good one in China for developing university technology commercialization capacity.2 Chinese universities have greatly improved their ability to create and diffuse commercially-useful technology. University patent activity and licensing activity have consistently and dramatically increased – in terms of both quantity and quality. University-created S&T start-ups have seen similar progress and universities continue to commercialize meaningful amounts of technology through non-patent technology contracts. Despite these remarkable improvements, university technology transfer remains at the periphery of China’s innovation system. China’s university technology transfer system is not yet at a place where Chinese policymakers can count on its universities to consistently provide the innovation and technological advances that Chinese companies will need to be competitive in a knowledge-based economy.3 Considering the resources that China commits to its universities and the policy emphasis it has placed on university technology transfer, it is not unrealistic for policymakers to expect university technology commercialization to move in from the periphery and become central to the country’s technology-based economic development movement. Chinese universities ‘should’ become substantial drivers of economic growth and well-being. In order to achieve this ideal outcome, however, China’s university technology transfer system will need to grow. Considering the relative youth of the system, the performance has been quite impressive. In fact, it is realistic to project that university technology transfer will continue to...
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