Impact of university-industry R&D collaboration on innovation transfer and startup performance

Abstract

Effective partnership of education and business is a catalyst for innovation transfer, startup ecosystem development and sustainable economic growth. The research aims to identify the impact of university-industry R&D collaboration on startups performance, taking into account existing knots and gap intervals. The study sample was formed for 100 world countries, represented in the Global Startup Ecosystem Index rating. The formed base includes data of the University-industry R&D collaboration indicator within the Global Innovation Index 2023 by WIPO and data of the Global Startup Ecosystem Index 2023 by StartupBlink. In the first stage, the procedures for checking the significance of investigated indicators were applied, including descriptive statistics, checking the distribution law and regression analysis. The second stage covers the construction of median-spline plots, scatter plots and spline modelling using the STATA 18 program complex. The range of values of the University-industry R&D collaboration index was determined on the condition of reaching which the maximum statistically significant value of the indicator of startup productivity is predicted. The obtained results confirm the importance of an entrepreneurial university concept for innovation transfer and their commercialization and provide a view of the targeted value of the University-industry R&D collaboration on average at the world level.