Research On Interest Distribution Mechanism Of The Industry-University-Research Institute Alliance

Along with the ever accelerating process of globalization in economy and science & technology, the market competition intensifies, and the speed of new technologies emerging and changing is faster than ever before, which makes the technology innovation become the driving force and source of enterprises even countries to raise their competitiveness. It has become more apparent defects that the research and development (R&D) activities rely on a single corporate and the traditional model of technological innovation. So many enterprises or organizations are looking for new innovation resources and the effective way of mending innovation pace. In fact, cooperative innovation is the most important way to solve this problem and integrate internal and external resources of enterprises.Enterprises, Universities and research institutes, as the principle parts of technological innovation, their complementarities in innovation resources make them take part in cooperative innovation together. From the national perspective, the alliance among enterprise, university and research institute, which calls IURA (Industry-University-Research institute Alliance), is the important part of national innovation system and has important strategic significance in national technology innovation. Therefore, the problem of IURA has become the hot topic researched and discussed around the world.Nevertheless, there are still large gaps of IURA development in our country compared with developed countries currently. Both of the alliance quantity, relationship and the outputs of new technology are far below the level of IURA actual can. There are many reasons in this problem including government policies, the people's concept and the reasons from enterprises, universities and research institutes their own. But all in all, the essence of these reasons is lack of complete and sound set of governance mechanism of IURA.Therefore, establishing the governance mechanism of IURA is very important to improve the IURA development and the competitiveness of science & technology of our country. And the interest distribution mechanism is the core mechanism in the governance mechanisms of IURA.By combining qualitative and quantitative research, and by analyzing and summarizing, this paper builds up a theoretical model to study the design of interest distribution mechanism among IURA alliance members, and focuses on ascertaining the proportion of interest distributed.First, this paper gives clear definition of IURA alliance, distributable interest of IURA alliance and mechanism of interest distribution. In the process, the principle of"bearing risk together, sharing interest together, and seeking development together"of IURA alliance is emphasized, the enterprise is recognized as the principal part, which makes IURA alliance fundamentally different from concepts of"cooperation between industry, university and research".On the basis of defining IURA, this paper sorts out major academic research results both home and abroad. These results are mainly in five areas: motivation of formation, pattern of cooperation, risk of alliance, transferring of knowledge and technology and performance valuation.Furthermore, this paper discusses the design of IURA interest distribution mechanism. The basis and principals of designing IURA interest distribution is brought up. After summarizing different patterns of cooperation and ways of interest distribution, this paper discusses how to choose a certain way to distribute interest in a certain pattern of cooperation. This paper brings up a complete design of interest distribution mechanism, which is applicable.Finally, in the designed framework of interest distribution, this paper focuses on the key question of"interest distribution coefficient". By combining the game theory, agency theory and statistical method, this paper reaches a series of conclusions and results which have both theoretical and practical meaning.