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Industrializing Academic Knowledge In Taiwan

OVERVIEW: How to effectively utilize and leverage academic knowledge has become a concern for university leaders and faculty, firms and policymakers alike. A questionnaire survey of 122 Taiwanese universities confirms that the “cognitive-governance” orientation of universities has gradually shifted from the “scientific-government” to a more “scientific-economic” one since the Science and Technology Basic Law was enacted in 1999. For Taiwanese universities, intellectual property infrastructure build-up, patenting and licensing activities have been steadily enhanced. The survey also reveals that the transfer of knowledge from universities to industry is largely dependent on short-term, personal and contract-based mechanisms, rather than on longterm, formal organizational, and joint capability development mechanisms. These conclusions have managerial and policy implications for capitalizing academic knowledge, not only in Taiwan but in other economies as well.