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An Empirical Study on the Relationship Between Technical Standards and Technical Innovation Efficiency——Based on the Stochastic Frontier Model

Liu En-ch

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Abstract

It estimated the technical innovation efficiency of large and medium-sized industrial enterprises in China's electronic and communication equipments manufacturing industry from 1995 to 2011 to analyze the effects of technical standards on the technical innovation efficiency based on stochastic frontier analysis model and the trans-log production function. The results show that technical standards have a significant positive impact on the technical innovation efficiency. As technical standards increase 1%,the technical innovation efficiency will increase 0. 081% accordingly; the scale of enterprises and the export of new products also have positive impact on the technical innovation,while governments' RD investments show an insignificant impact on technical innovation efficiency.

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What this paper is about

It estimated the technical innovation efficiency of large and medium-sized industrial enterprises in China's electronic and communication equipments manufacturing industry from 1995 to 2011 to analyze the effects of technical standards on the technical innovation efficiency based on stochastic frontier analysis model and the trans-log production function. The results show that technical standards have a significant positive impact on the technical innovation efficiency. As technical standards increase 1%,the technical innovation efficiency will increase 0. 081% accordingly; the scale of enterprises and the export of new products also have positive impact on the technical innovation,while governments' RD investments show an insignificant impact on technical innovation efficiency.

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Available abstract

It estimated the technical innovation efficiency of large and medium-sized industrial enterprises in China's electronic and communication equipments manufacturing industry from 1995 to 2011 to analyze the effects of technical standards on the technical innovation efficiency based on stochastic frontier analysis model and the trans-log production function. The results show that technical standards have a significant positive impact on the technical innovation efficiency. As technical standards increase 1%,the technical innovation efficiency will increase 0. 081% accordingly; the scale of enterprises and the export of new products also have positive impact on the technical innovation,while governments' RD investments show an insignificant impact on technical innovation efficiency.

Key concepts: Technical change, Industrial organization, Frontier, Technical standard, Technical progress, Stochastic frontier analysis, Function (biology), Production (economics)

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