ABSTRACT

Along with China’s reform from the planned economy to the market economy, both the cities and the universities have found common goals for diffused entrepreneurship and formed various development coalitions. The coalitions have facilitated their joint development by mobilizing resources from more than one party and strengthening their inter-dependence. However, the university-city partnerships based on entrepreneurship tend to put those projects of great market values into priority while setting aside those non-profit projects. And they often yield institutional ambiguity, leading to grey land market or bad debts.