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Technology Market Intermediaries and Enterprise Collaborative Innovation: Evidence from a Quasi-natural Experiment Based on the Establishment of National Technology Transfer Centers
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Qi Luo1, Zhuoying Wu2, Ziheng Xie2
Journal of Technology Economics | 2026, 45(8) : 15 - 29
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Journal of Technology Economics | 2026, 45(8): 15-29
• Financial and Accounting Issues in the AI Era: Perspectives from History, Institutions and Openness •
Technology Market Intermediaries and Enterprise Collaborative Innovation: Evidence from a Quasi-natural Experiment Based on the Establishment of National Technology Transfer Centers
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Qi Luo1, Zhuoying Wu2, Ziheng Xie2
Affiliations
  • 1.Research Center for Digital Intelligence Accounting and Artificial Intelligence, Jinan University, Guangzhou 510632, China
  • 2.School of Management, Jinan University, Guangzhou 510632, China
Published: 2026-08-25 doi: 10.12404/j.issn.1002-980X.J26032609
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The low rate of technology transfer and the disconnect between industry, academia, and research supply and demand are structural bottlenecks currently hindering the in-depth advancement of China's innovation-driven development strategy. How to unclog technology transfer channels and activate collaborative innovation among enterprises through institutional innovation in technology market intermediaries is a core issue facing both theoretical research and policy practice. The establishment of the National Technology Transfer Center is an important institutional arrangement for the government to build a professional technology market intermediary system and address the disconnect between supply and demand of scientific and technological achievements. A-share listed companies from 2010 to 2022 were employed as the research sample. Based on a quasi-natural experiment of the establishment of the National Technology Transfer Center, the difference-in-differences method was adopted to identify the impact and mechanism of technology market intermediaries on enterprise collaborative innovation. It is found that the establishment of the National Technology Transfer Center significantly promotes enterprise collaborative innovation, a conclusion that remains valid after a series of robustness tests. Mechanism tests reveal that the National Technology Transfer Center effectively functions as a technology market intermediary, exerting a positive impact on enterprise collaborative innovation through two channels: promoting knowledge spillovers and driving resource integration. Further analysis indicates that the aforementioned facilitation effects are more pronounced in regions with more developed technology markets, in enterprises with stronger basic R&D capabilities, and in regions with greater technology resource mobility, revealing a three-pronged collaborative innovation promotion logic of "transferring out-receiving-smooth circulation". These findings provide incremental evidence for local governments to further improve the technology market intermediary system and promote the transformation of scientific and technological achievements, and bear important practical implications for optimizing the efficiency of innovation resource allocation and activating the vitality of collaborative innovation among enterprises.

technology transfer  /  collaborative innovation  /  National Technology Transfer Center  /  technology market intermediary  /  knowledge spillover
罗琦, 吴卓莹, 解子恒. 技术市场中介与企业协同创新——基于国家技术转移中心设立的准自然实验. 技术经济, 2026 , 45 (8) : 15 -29 . DOI: 10.12404/j.issn.1002-980X.J26032609
Qi Luo, Zhuoying Wu, Ziheng Xie. Technology Market Intermediaries and Enterprise Collaborative Innovation: Evidence from a Quasi-natural Experiment Based on the Establishment of National Technology Transfer Centers[J]. Journal of Technology Economics, 2026 , 45 (8) : 15 -29 . DOI: 10.12404/j.issn.1002-980X.J26032609
Year 2026 volume 45 Issue 8
45
6
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doi: 10.12404/j.issn.1002-980X.J26032609
  • Receive Date:2026-03-26
  • Online Date:2026-10-28
  • Published:2026-08-25
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  • Received:2026-03-26
Affiliations
    1.Research Center for Digital Intelligence Accounting and Artificial Intelligence, Jinan University, Guangzhou 510632, China
    2.School of Management, Jinan University, Guangzhou 510632, China
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表12种不同金属材料的力学参数
科
Family
属数
Number of
genus
种数
Number of
species
占总种数比例
Percentage of
total species (%)
属
Genus
种数
Number of
species
占总种数比例
Percentage of total
species (%)
鹅膏菌科Amanitaceae 2 11 5.26 鹅膏菌属 Amanita 10 4.78
小菇科 Mycenaceae 2 12 5.74 丝盖伞属 Inocybe 5 2.39
多孔菌科 Polyporaceae 8 14 6.70 蜡蘑属 Laccaria 5 2.39
红菇科 Russulaceae 3 23 11.00 小皮伞属 Marasmius 6 2.87
小菇属 Mycena 11 5.26
光柄菇属 Pluteus 5 2.39
红菇属 Russula 17 8.13
栓菌属 Trametes 5 2.39
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