Research on transformation mode of scientific and technological achievements with different transaction costs: taking the electric power industry as an example

• Main Authors: Lei Kaiyan, Zhang Meimei
• Format: Article
• Language: English
• Published: EDP Sciences 2021-01-01
• Series: MATEC Web of Conferences
• Online Access: https://www.matec-conferences.org/articles/matecconf/pdf/2021/05/matecconf_cscns20_09016.pdf

Technological innovation and achievement transformation are an important starting point for constructing an industrial innovation ecosystem and coping with hindered external demand. This article starts with the ecological chain of technological achievement transformation, constructs a transaction cost and benefit model of three transformation modes of direct transformation, intermediary participation, and co-construction cooperation, and systematically analyses its transaction costs, benefits, application and the value space of the transaction subject of each mode. With the participation of intermediaries and investors, the "government, industry, university, research, and financial agency" achievement transformation service platform not only reduces transaction costs but also greatly increases returns. Using the advantages of big data and blockchain can obtain more added value than other models, bringing more opportunities for both supply and demand.