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Study on the R&D Innovation Efficiency of High-tech Industry in China

Xie Zhong-qiu

Open publisher page 11 citations

Abstract

Based on the panel data of China's high-tech industry during 1995-2006,this study conducted an empirical analysis on the RD innovation efficiency of high-tech industry by using the stochastic frontier analysis(SFA) and data envelopment analysis(DEA).Our results show that innovation efficiency of high-tech industry in China remains at a lower level,but it has been improving in recent years.The efficiency calculated by the DEA method is higher than the SFA method,but the latter is stabler;although the average efficiency value calculated by the SFA and DEA method is remarkable difference,but the order has a high uniformity;raising the RD innovation efficiency has a positive effect on the economic performance of high-tech industry.

About this research paper

What this paper is about

Based on the panel data of China's high-tech industry during 1995-2006,this study conducted an empirical analysis on the RD innovation efficiency of high-tech industry by using the stochastic frontier analysis(SFA) and data envelopment analysis(DEA).Our results show that innovation efficiency of high-tech industry in China remains at a lower level,but it has been improving in recent years.The efficiency calculated by the DEA method is higher than the SFA method,but the latter is stabler;although the average efficiency value calculated by the SFA and DEA method is remarkable difference,but the order has a high uniformity;raising the RD innovation efficiency has a positive effect on the economic performance of high-tech industry.

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OpenAlex reports 11 citations for this work. Citation counts describe recorded attention and do not establish research quality.

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Available abstract

Based on the panel data of China's high-tech industry during 1995-2006,this study conducted an empirical analysis on the RD innovation efficiency of high-tech industry by using the stochastic frontier analysis(SFA) and data envelopment analysis(DEA).Our results show that innovation efficiency of high-tech industry in China remains at a lower level,but it has been improving in recent years.The efficiency calculated by the DEA method is higher than the SFA method,but the latter is stabler;although the average efficiency value calculated by the SFA and DEA method is remarkable difference,but the order has a high uniformity;raising the RD innovation efficiency has a positive effect on the economic performance of high-tech industry.

Key concepts: Data envelopment analysis, High tech, Panel data, China, Stochastic frontier analysis, Order (exchange), Malmquist index, Frontier

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