The integration management of science and industry: essence, backgrounds and main trends

Abstract

The integration of science and industry is crucial for fostering an innovation-driven economy, accelerating technological advancements, and ensuring sustainable growth. Understanding of the factors influencing this integration is essential for strategic decision-making. This study analyses panel data from 31 Chinese provinces in 2011– 2022. We employ the entropy-weighted model and the coupling coordination model to comprehensively assess the level of science – industry integration in China. Additionally, a two-way fixed-effects panel quantile model examines the impact of inward and outward foreign direct investment, public transportation infrastructure, healthcare service capacity, and urbanisation rates on integration. The findings indicate a measurable increase in science – industry coordination in China, particularly in the eastern regions, where policy support and investment have driven advancements in technology transfer and innovation capacity. Foreign direct investment and public transportation expansion significantly enhance integration, while urbanisation’s influence varies, showing stronger effects in highly industrialised areas. Additionally, outward foreign investment becomes a key driver at later development stages, highlighting the role of international collaboration. These insights provide valuable guidance for developing strategies to strengthen science-industry interactions, not only in China but also in other countries aiming for innovation-driven growth. The research underscores the need for targeted government policies, strategic international investments, and infrastructure expansion to foster deeper science – industry integration, ultimately driving technological progress and economic competitiveness. =