Factors of Collaboration Affecting the Performance of Alternative Energy Patents in South Korea from 2010 to 2017

Abstract

In recent years, innovation of alternative energy technologies to manage climate change has become an important goal worldwide. South Korea has been focusing on the innovation of alternative energy technologies through its investments and innovation systematic capabilities. This study quantitatively examines the effect of national innovation systems that are designed to improve the performance of innovation. To do so, this study analyzes the effects of financial support from the national research and development (R&D) project, and collaborations between institutions regarding the national innovation systems on patent performance based on citation count, which is a useful indicator of patent quality. Specifically, this study analyzes the effects of financial support from the national R&D project, as well as collaborations between universities, industries, and the government regarding patent performance using the patent data of South Korea. These data were used in congruence with a hurdle negative binomial model, using data from 2010 to 2017. Consequently, this study establishes that financial supports from national R&D project are generally inefficient. The relational aspects of the South Korean innovation systems are also generally inefficient, while collaborations between universities and industries contribute toward improving the performance of alternative energy patents.