University Strategies for Scientific Knowledge Transfer and Commercialization through University -Industry Collaboration: Design A Mediated Model of Scientific Knowledge Transfer for Implications and Policy Evaluation
It is evident that exchange between university to industry is the primary driver for innovation . In particular, the
commercialization of scientific knowledge and technological inventions has been identified as a primary mechanism of the
interaction between university and industry by which it can sustain and improve innovative performance over time.
However, government finance supports collaboration and technological inventions, but such collaborative partnership is
complicated. This study extends the science commercialization model by looking at public sector participation, and to
examine the process of establishing scientific knowledge commercialization collaborations. This conceptual study shows the
importance of cooperation and the aspects of mutual benefits facilities scientific knowledge commercialization. In addition,
this study also demonstrates the importance of government involvement strengthens the long-term relationships among
partners that foster science commercialization.
Keywords: knowledge flow, KIBS, subsidiary-HQ embeddedness, socialization mechanism, subsidiary autonomy,