Abstract Based on data of listed manufacturing companies on China’s GEM Board from 2009 to 2018, this study examines the influence of co-founding IUR (industry-university-research) innovation entities on high-tech SMEs’ innovation performance, and the moderating role of social trust, government innovation subsidy as well as the interaction of them. Results show that: co-founding IUR innovation entities with universities or research institutes can improve innovation performances of high-tech SMEs; both social trust and government innovation subsidy can enhance the positive relationship between co-founding IUR innovation entities and firm innovation performance; the interaction of social trust and government innovation subsidy can positively moderate the relationship between co-founding IUR innovation entities and firm innovation performance.
ZHANG Yufei,YUAN Changhong,ZHANG Shuman. Research on the Influence of Co-Founding Industry-University-Research Innovation Entities on High-Tech SMEs’ Innovation Performance[J]. Chinese Journal of Management, 2023, 20(01): 76-.