LIU Xielin, KONG Xiangru, ZHU Li
2026, 40(2): 27-40.
Institutions of technological transfer are frequently confronted with systemic conflicts between the tripartite institutional logics of politics, market and scienceThis leads to the “valley of death” in technological commercialization, and, thus, hinders the deep integration of scientific innovation with industrial innovationAs institutional entities bridging such division, the new research and development institutions integrate these three logics through systemic innovation, and enable the synthetization of the talent chains, the capital chains, the industrial chains, and the innovation chainsBased upon the institutional logic theory, this article constructs an analytical framework called “the institutional logic integration and the four chains synthetization”Using the Jiangsu Industrial Technology Research Institute as a study case, this study examines the challenges of integrating scientific and technological innovation with industrial innovationIt reveals that through such institutional design as the doubletrack governance including public institution and corporate entity, the combination of the grants with investments, project manager systems, and joint innovation centers enables the institute to form a complex governing system characterized for the structural separation and process couplingThis effectively achieves dynamic equilibrium among the three logics within a single organizationThis novel institution systematically empowers the four chainsIts flexible talent recruitment strengthens the chain of talent, its innovative fiscal instruments activate the chain of capital, its technological spillovers and the enterprise incubation enhance the industrial chain, the demanddriven research and development bridge the chain of innovation.