The Impact of Different Industry-Education Integration Models on Corporate Financial Performance

Xu, H., Hsu, W., Meen, T., & Zhu, J. H. (2020). Can higher education, economic growth and innovation ability improve each other?. Sustainability, 12(6), 2515. https://doi.org/10.3390/su12062515
Gao, F., and Zhang, P. (2020). Performance evaluation of IEI in higher vocational colleges: an evidence from china. International Journal of Emerging Technologies in Learning (iJET), 15(23), 208. https://doi.org/10.3991/ijet.v15i23.19025
Lv, M., Zhang, H., Georgescu, P., Li, T., & Zhang, B. (2022). Improving education for innovation and entrepreneurship in chinese technical universities: a quest for building a sustainable framework. Sustainability, 14(2), 595. https://doi.org/10.3390/su14020595
Xinming, Z. (2023). Research on cultivating innovation and practical skills in higher vocational education. Frontiers in Educational Research, 6(26). https://doi.org/10.25236/fer.2023.062606
Hu, W., Yue, H., Lyu, Y., & Chen, Y. (2021). Research on integrated innovation design education for cultivating the innovative and entrepreneurial ability of industrial design professionals. Frontiers in Psychology, 12. https://doi.org/10.3389/fpsyg.2021.693216
Koul, S., and Nayar, B. (2020). The holistic learning educational ecosystem: a classroom 4.0 perspective. Higher Education Quarterly, 75(1), 98-112. https://doi.org/10.1111/hequ.12271
Qu, S. (2021). Practical exploration on the integration of innovation and entrepreneurship education and professional education. International Journal of Secondary Education, 9(2), 45. https://doi.org/10.11648/j.ijsedu.20210902.12
Cheng, C., Cheng, S., & Feng, C. (2024). The triple helix model for industry-education city integration in china: a development approach. Sage Open, 14(2). https://doi.org/10.1177/21582440241250111
Li, J., and Wan, Q. (2023). Simulation of university industry education integration mobile app learning platform based on deep learning algorithm.. https://doi.org/10.21203/rs.3.rs-2725098/v1
Wang, H. (2023). Research on innovation and entrepreneurship education in applied universities from the perspective of integration of industry and education. Advances in Educational Technology and Psychology, 7(15). https://doi.org/10.23977/aetp.2023.071510
Zhang, H., and Xiu-bo, L. (2021). Teaching system of undergraduate entrepreneurship education under the background of internet of things. Mobile Information Systems, 2021, 1-9. https://doi.org/10.1155/2021/4298724
Zhang, J., Yang, H., Li, A., Chen, C., & Wang, L. (2024). Research on the innovation of practice teaching system in the context of IEI. Transactions on Comparative Education, 6(3). https://doi.org/10.23977/trance.2024.060321
Liu, W. (2024). Exploration of talent cultivation mode for industry-teaching integration in higher vocational education based on multi-scale feature integration. Applied Mathematics and Nonlinear Sciences, 9(1). https://doi.org/10.2478/amns-2024-0926
Wang, Y. (2022). Exploration on the integrated development of labor education and innovation and entrepreneurship education for students in applied undergraduate colleges and universities. International Journal of New Developments in Education, 4(2). https://doi.org/10.25236/ijnde.2022.040209
Criollo-C, S., Govea, J., Játiva, W., Pierrottet, J., Guerrero-Arias, A., Jaramillo-Alcázar, Á., … & Luján?Mora, S. (2023). Towards the integration of emerging technologies as support for the teaching and learning model in higher education. Sustainability, 15(7), 6055. https://doi.org/10.3390/su15076055
Li, Y., Zhou, X., Pan, Y., & He, W. (2022). How engagement in the IEI promotes one’s attitudes toward energy efficiency. evidence from chinese university students. Sustainability, 14(23), 15890. https://doi.org/10.3390/su142315890
Yao, S., Wang, Y., & Wu, G. (2024). Measurement and influencing factor analysis of the matching degree between agricultural scientific and technology innovation and rural industry integration under the sustainable background. Frontiers in Sustainable Food Systems, 8. https://doi.org/10.3389/fsufs.2024.1362877
Yao, F., Hua, K., Wang, Q., Zheng, D., An, X., Xu, Y., … & Shan, X. (2023). Research and practice on the innovative mode of practical teaching of civil aviation engineering under the background of "professional certification + emerging engineering education". Journal of Education and Educational Research, 1(3), 35-39. https://doi.org/10.54097/jeer.v1i3.4309
Zhao, Y. (2024). Strategies for the development of museum creative and cultural industries through IEI. Scientific Journal of Humanities and Social Sciences, 6(8), 140-146. https://doi.org/10.54691/njmhqf47
YANG, H. (2023). Research and application of the talent training mechanism in the integration of industry and education in private colleges under the new situation. Region - Educational Research and Reviews, 5(5), 184. https://doi.org/10.32629/rerr.v5i5.1472
Jia, W. (2023). Construction of undergraduate talents training mode of integration of industry and education in higher vocational education based on web. Advances in Intelligent Systems Research, 159-163. https://doi.org/10.2991/978-94-6463-238-5_21
Lin, Y., Liu, S., Zheng, X., & Lu, J. (2024). Research on innovative teaching model for hydraulic building courses in local colleges and universities. Journal of Education and Educational Research, 8(1), 90-93. https://doi.org/10.54097/m6r3mf22
Wei, W. (2024). Optimization of the path of industry-teaching integration in vocational education based on addie model. Applied Mathematics and Nonlinear Sciences, 9(1). https://doi.org/10.2478/amns-2024-0505
Khurniawan, A. W., Sailah, I., Muljono, P., Indriyanto, B., & Maarif, M. S. (2021). The improving of effectiveness school-based enterprise: a structural equation modeling in vocational school management. International Journal of Evaluation and Research in Education (IJERE), 10(1), 161. https://doi.org/10.11591/ijere.v10i1.20953
Zhang, Y., Chen, J., Yin, J., & Gong, Z. (2024). The exploration of university-enterprise cooperation in the internet of things engineering. International Education Forum, 2(6), 81-88. https://doi.org/10.26689/ief.v2i6.7694
Bakar, N. I. A. and Fei, W. (2024). Phased research on effective school-enterprise cooperation. International Journal of Academic Research in Progressive Education and Development, 13(3). https://doi.org/10.6007/ijarped/v13-i3/21566
Zhang, Z., Tian, J., Zhao, Z., Zhou, W., Sun, F., Que, Y., … & He, X. (2022). Factors influencing vocational education and training teachers’ professional competence based on a large-scale diagnostic method: a decade of data from china. Sustainability, 14(23), 15871. https://doi.org/10.3390/su142315871
Yao, J., Crupi, A., Minin, A. D., & Zhang, X. (2020). Knowledge sharing and technological innovation capabilities of chinese software smes. Journal of Knowledge Management, 24(3), 607-634. https://doi.org/10.1108/jkm-08-2019-0445
Jiang, Y., Ma, Z., & Wang, X. (2022). The impact of knowledge management on intellectual property risk prevention: analysis from china’s strategic emerging industries. Journal of Knowledge Management, 27(1), 197-207. https://doi.org/10.1108/jkm-03-2022-0216
Chen, L., Chang, Y., & Tian, Q. (2024). The mediating role of perceived organizational support in the relationship between transformational leadership and knowledge sharing behavior of university teachers in universities. Sage Open, 14(4). https://doi.org/10.1177/21582440241307756
Ding, J. (2024). Keep your enemies safer: technical cooperation and transferring nuclear safety and security technologies. European Journal of International Relations, 30(4), 918-945. https://doi.org/10.1177/13540661241246622
Zhou, S., and Peng, F. (2023). The impact of technology transfer on the green innovation efficiency of chinese high-tech industry. Frontiers in Sociology, 8. https://doi.org/10.3389/fsoc.2023.1141616
Yang, M., and Xu, P. (2021). Understanding the antecedents of knowledge sharing behavior from the theory of planned behavior model: cross-cultural comparisons between mainland china and malaysia. Frontiers in Psychology, 12. https://doi.org/10.3389/fpsyg.2021.772764
Ankrah, S., & AL-Tabbaa, O. (2015). Universities–industry collaboration: A systematic review. Scandinavian Journal of Management, 31(3), 387–408. https://doi.org/10.1016/j.scaman.2015.02.003
Kobarg, S., Stumpf-Wollersheim, J. & Welpe, I.M. University-industry collaborations and product innovation performance: the moderating effects of absorptive capacity and innovation competencies. J Technol Transf 43, 1696–1724 (2018). https://doi.org/10.1007/s10961-017-9583-y
Manrique, S., & Grifell-Tatjé, E. (2020). Assessing the Impact of University-Firm Collaboration on Innovation-related Financial Performance. https://doi.org/10.3990/4.2535-5686.2020.02
Nguea, S. M., Fotio, H. K., & Baida, L. A. (2022). Investigating the effects of globalization on economic sophistication in selected african countries. African Development Review, 34(3), 324-338. https://doi.org/10.1111/1467-8268.12666
Rossoni, A. L., de Vasconcellos, E. P. G., & de Castilho Rossoni, R. L. (2023). Barriers and facilitators of university-industry collaboration for research, development and innovation: a systematic review. Management Review Quarterly. https://doi.org/10.1007/s11301-023-00349-1
Jones, J., & Corral de Zubielqui, G. (2017). Doing well by doing good: A study of university-industry interactions, innovationess and firm performance in sustainability-oriented Australian SMEs. Technological Forecasting and Social Change, 123, 262–270. https://doi.org/10.1016/j.techfore.2016.07.036
Ankrah, S., & AL-Tabbaa, O. (2015). Universities–industry collaboration: A systematic review. Scandinavian Journal of Management, 31(3), 387–408. https://doi.org/10.1016/j.scaman.2015.02.003
Perkmann, M., Neely, A., & Walsh, K. (2011). How should firms evaluate success in university-industry alliances? A performance measurement system. R and D Management, 41(2), 202–216. https://doi.org/10.1111/j.1467-9310.2011.00637.x
Yessimova, S., RAKHYMZHANOV, Y., ???????, ?., BAIZHANOVA, S., Seidakhmetov, M., YESSENOVA, A., … & Altynbassov, B. O. (2024). Strengthening the nexus: policy and legislative reforms for university-industry collaboration in kazakhstan. Theoretical and Practical Research in Economic Fields, 15(1), 136. https://doi.org/10.14505/tpref.v15.1(29).13
Bacon, E. and Williams, M. D. (2021). Deconstructing the ivory tower: identifying challenges of university-industry ecosystem partnerships. Review of Managerial Science, 16(1), 113-134. https://doi.org/10.1007/s11846-020-00436-7
Xia, Y. (2023). The impact of industry-university-research projects on biopharmaceutical companies’ innovation performance: moderating roles of government subsidies for innovation. Frontiers in Public Health, 11. https://doi.org/10.3389/fpubh.2023.1271364
Tekleselassie, A. A. and Ford, A. Y. (2019). Planning and implementing a mutually beneficial international university partnership in educational leadership between u.s. and middle eastern institutions. International Journal of Educational Reform, 28(2), 179-206. https://doi.org/10.1177/1056787919841500
White, E., Timmermans, M., & Dickerson, C. (2020). Learning from professional challenges identified by school and institute-based teacher educators within the context of school–university partnership. European Journal of Teacher Education, 45(2), 282-298. https://doi.org/10.1080/02619768.2020.1803272
Bock, M., Caballero, M., & O'Neal-Hixson, K. (2021). Special education teachers in residence. Educational Renaissance, 10(1), 32-47. https://doi.org/10.33499/edren.v10i1.181
Kenny, B., O’Connor, D., Sugden, E., Tang, C., Tannous, C., & Thyer, L. (2023). Engaging industry in health professions’ education: benefits and challenges. International Journal of Environmental Research and Public Health, 20(12), 6131. https://doi.org/10.3390/ijerph20126131
Giones, F. (2019). University–industry collaborations: an industry perspective. Management Decision, 57(12), 3258-3279. https://doi.org/10.1108/md-11-2018-1182
Fernandes, G., Sullivan, D., Pinto, E. B., Araújo, M., & Machado, R. J. (2020). Value of project management in university–industry r&d collaborations. International Journal of Managing Projects in Business, 13(4), 819-843. https://doi.org/10.1108/ijmpb-08-2019-0191
Uddin, M. (2021). Addressing employability challenges of business graduates in bangladesh: evidence from an emerging economy perspective. Australian Journal of Career Development, 30(2), 83-94. https://doi.org/10.1177/1038416220986887
Singh, A. K. and Kumar, S. (2022). Expert's perception on technology transfer and commercialization, and intellectual property rights in india: evidence from selected research organizations. Journal of Management, Economics, and Industrial Organization, 1-33. https://doi.org/10.31039/jomeino.2022.6.1.1
Semenya, S. S. (2020). Activities pivotal for the sustainability of newly established technology transfer offices: a case study of publicly financed south african universities. Intellectual Property Rights - Patent. https://doi.org/10.5772/intechopen.90852
Bogaard, K. H. J. M. v. d., Frielink, N., Giesbers, S. A. H., Schippers, A., & Embregts, P. (2023). Reasons for collaborating in inclusive research projects: the perspectives of researchers with experiential knowledge, academic researchers and principal investigators. Journal of Policy and Practice in Intellectual Disabilities, 20(4), 415-427. https://doi.org/10.1111/jppi.12481
Sá, M. J., Ferreira, C. M., & Serpa, S. (2019). Virtual and face-to-face academic conferences: comparison and potentials. Journal of Educational and Social Research, 9(2), 35-47. https://doi.org/10.2478/jesr-2019-0011
Gravili, G., Manta, F., Cristofaro, C. L., Reina, R., & Toma, P. (2020). Value that matters: intellectual capital and big data to assess performance in healthcare. an empirical analysis on the european context. Journal of Intellectual Capital, 22(2), 260-289. https://doi.org/10.1108/jic-02-2020-0067
Deeken, A., Mukhopadhyay, S., & Jiang, X. “. (2020). Social media in academics and research: 21st?century tools to turbocharge education, collaboration, and dissemination of research findings. Histopathology, 77(5), 688-699. https://doi.org/10.1111/his.14196
D’Este, P., & Patel, P. (2007). University-industry linkages in the UK: What are the factors underlying the variety of interactions with industry? Research Policy, 36(9), 1295–1313. https://doi.org/10.1016/j.respol.2007.05.002
Yoshioka-Kobayashi, T. and Takahashi, M. (2022). Determinants of contract renewals in university–industry contract research: going my way, or good sam?., 89-110. https://doi.org/10.1007/978-3-030-84669-5_6
Solomon, S. (2024). Precarious employment practices in south african universities. Sa Journal of Human Resource Management, 22. https://doi.org/10.4102/sajhrm.v22i0.2490
Willson, R., Stewart-Robertson, O., Julien, H., & Given, L. (2022). Academic casualization, precarity, and information practices: a scoping review. Proceedings of the Association for Information Science and Technology, 59(1), 833-836. https://doi.org/10.1002/pra2.742
Costa, J., Neves, A. R., & Reis, J. (2021). Two sides of the same coin. University-industry collaboration and open innovation as enhancers of firm performance. Sustainability (Switzerland), 13(7). https://doi.org/10.3390/su13073866
Caloghirou, Y., Giotopoulos, I., Kontolaimou, A., Korra, E., & Tsakanikas, A. (2021). Industry-university knowledge flows and product innovation: How do knowledge stocks and crisis matter? Research Policy, 50(3). https://doi.org/10.1016/j.respol.2020.104195
Abidin, I., Rani, A. A., Rashid, M., Hamid, A., & Zainuddin, Y. (2016). University-Industry Collaboration, Firm Performance and Stakeholder Theory. In Selangor Business Review (Vol. 1, Issue 1).
Scandura, A. (2016). University–industry collaboration and firms’ R&D effort. Research Policy, 45(9), 1907–1922. https://doi.org/10.1016/j.respol.2016.06.009
Mirza, H., Sinawi, H. A., Al?Balushi, N., Al?Alawi, M., & Panchatcharam, S. M. (2020). Barriers to university-industry collaboration in an academic university department in london, united kingdom. International Journal of Pharmaceutical and Healthcare Marketing, 14(3), 445-460. https://doi.org/10.1108/ijphm-11-2016-0062

Zou, L., Lajuni, N., & Bosi, M. K. (2025). The Impact of Different Industry-Education Integration Models on Corporate Financial Performance. International Journal of Academic Research in Economics and Management Sciences, 14(2), 103–123.

Copyright: © 2025 The Author(s)
Published by HRMARS (www.hrmars.com)
This article is published under the Creative Commons Attribution (CC BY 4.0) license. Anyone may reproduce, distribute, translate and create derivative works of this article (for both commercial and non-commercial purposes), subject to full attribution to the original publication and authors. The full terms of this license may be seen at: http://creativecommons.org/licences/by/4.0/legalcode