University-Industry Collaboration and Corporate Financial Performance: A Literature Review and Synthesis

This study uses systematic literature review and qualitative content analysis to identify and synthesize university-industry collaboration models, and analyzes how different cooperation models promote the improvement of corporate financial performance. By searching keywords in the ScienceDirect database, the review identified 40 papers that were closely related to the topic. The results are summarized as six models of university-industry collaboration: human resource transfer, scientific publications, intellectual property, informal sources of ideas, research services and research partnership. This paper elaborates on the university-industry collaboration models and uses them to summarize some research results on how university-industry collaboration brings innovation and promotes the improvement of corporate financial performance. And put forward from these six dimensions to take incentive measures to benefit enterprises, to achieve university-enterprise, industry and education win-win.