This study focuses on analyzing the driving factors of government and industry funding and the effects of such funding on academic innovation performance in the Taiwan university-industry-government (UIG) collaboration system. This research defines the relationships of the triplet in the UIG collaboration system as a complex intertwined combination that covers demography, financial support, and innovation performance. These relationships are simultaneously modeled by structural equation modeling (SEM) to investigate the causal-effect relationship among the antecedent factors on the subsequent ones. This model will enable us to realize three questions: (1) Are the government or industry funding tied to university innovation performance, rather to university demography, or both of them? (2) Does government funding lead the industry funding? (3) Does government or industry funding conduce to more university innovation performance?
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