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Measuring the Innovation Efficiency in China's High-Tech Industries: An Empirical Study Based on Panel Data

Published: 05 July 2018 Publication History

Abstract

Measuring the innovation efficiency of high-tech industries correctly is critical for technical gap narrows and industrial policy making which can help in improving the innovation capability. In this study, we propose a novel measurement framework based on knowledge based view and the innovation efficiency is broken down into development efficiency and transformation efficiency. To confirming this new framework, we employ stochastic frontier analysis technique and a unique panel data set of high-tech industries cross-region in China from 2010 to 2014. Results indicate that trans-log function is fit for measuring the development efficiency and Cobb-Douglas function is fit for measuring the transformation efficiency. It also provides evidences that innovation inefficiency exist in China's high-tech industries although the overall trend of efficiency is increasing.

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  • (2019)The Impact of High-Tech Industry Agglomeration on Green Economy Efficiency—Evidence from the Yangtze River Economic BeltSustainability10.3390/su1119518911:19(5189)Online publication date: 22-Sep-2019

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    cover image ACM Other conferences
    ICEBT '18: Proceedings of the 2018 2nd International Conference on E-Education, E-Business and E-Technology
    July 2018
    202 pages
    ISBN:9781450364812
    DOI:10.1145/3241748
    Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than ACM must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected]

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    Published: 05 July 2018

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    1. High-tech industries
    2. SFA
    3. innovation efficiency

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    • (2019)The Impact of High-Tech Industry Agglomeration on Green Economy Efficiency—Evidence from the Yangtze River Economic BeltSustainability10.3390/su1119518911:19(5189)Online publication date: 22-Sep-2019

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