A model to create high-tech start-ups from the academic environment: The case of Peking University (PKU) and Tsinghua University (THU)

The aim of this paper is to propose a feasible high-technology start-up model for Chinese universities through "university-industry linkages" by conducting analysis of Peking University (PKU) and Tsinghua University (THU). PKU and THU have created numerous high-tech start-ups based on knowledge transfer and intellectual patentsʹ application, thereby researching viable ways to drive the links between universities (academic results) and high-tech market (commercialization). At the micro-level, studying high-tech start-ups from academic environments, which expedite industrial application of newly developed knowledge, and at the regional level, high-tech start-ups from academic environments, which boost economic vitality, and establish regional innovation systems. And at the national level learning about high-tech start-ups from academic environments which improve technical contents thereby upgrading industrial structure.