Industry innovation efficiency and its influencing factors: Evidence from zhongguancun science park

Guoquan Xu, Xingcui Du, Zhongyuan Yu, Lei Guan, Jinchao Yi

    Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

    Abstract

    Given the importance of innovation in economic development, this paper intends to analyze the impacts of multiple factors on innovation efficiency in Zhongguancun Science Park. A two-stage analysis process is implemented. First, data envelopment analysis (DEA) is applied with several inputs and outputs relating to innovation activities. In the second stage, we regressed the efficiency scores from the first stage on the variables of interest. Results show that technological absorptive ability of an industry, external RD funding by financial organizations and governments, and RD cooperation among enterprises all positively and significantly affect industry innovation. Besides, it needs to encourage RD funding by financial organizations as well as control the governmental RD funding to an appropriate level.

    Original languageEnglish
    Title of host publication2019 16th International Conference on Service Systems and Service Management, ICSSSM 2019
    ISBN (Electronic)9781728119410
    DOIs
    StatePublished - Jul 2019
    Event16th International Conference on Service Systems and Service Management, ICSSSM 2019 - Shenzhen, China
    Duration: 13 Jul 201915 Jul 2019

    Publication series

    Name2019 16th International Conference on Service Systems and Service Management, ICSSSM 2019

    Conference

    Conference16th International Conference on Service Systems and Service Management, ICSSSM 2019
    Country/TerritoryChina
    CityShenzhen
    Period13/07/1915/07/19

    Keywords

    • DEA
    • Efficiency
    • Innovation
    • Science Park

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