Value chain based governance of university knowledge transfer system

This paper introduces the value chain and value chain governance concepts as instrumental means for the analysis of university knowledge transfer system. It draws on three streams of literature - knowledge value chain, university industry links and value chain governance - to propose a knowledge value chain model for comprehensive illustration of the process of university knowledge transfer system, and to assist identifying the key management elements of the process. In light of the notion of dasiamaximising the transaction value through inter-organizational interactionpsila in university to industry knowledge transfer, a typology of knowledge value chain governance mechanism is suggested to explain the patterns of university industry knowledge transfer channels.