As Chinese universities raise their game, they are becoming increasingly interesting innovation partners for a wide range of domestic and global companies. To some extent, this is nothing new: Intel, for example, has long collaborated with these universities to sponsor research projects, PhD theses, and technical forums related to technology that’s close to the company’s business.
What seems to be changing is the growing use of Chinese universities as a form of “outsourced R&D,” to borrow a phrase from an executive we interviewed recently.