Analysis of cooperative mechanism of industry–academy R&D alliance lab and case study

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Abstract
With a knowledge‐based economy emerging, knowledge and innovations have been the core elements of organizations' competitive advantages. Universities, institutes, and enterprises can reach the goal of advantage complement and innovation cooperation by establishing a research and development (R&D) alliance lab. This article focuses on an industry–academy R&D alliance lab, analyzes its motivations and impacting factors, and discusses its cooperative mechanisms. The alliance lab of Tsinghua‐Sohu Search Technology is studied as a typical case to provide a reference for industry–academy alliance R&D labs in terms of cooperative mechanisms.