R&D EFFICIENCY AND THE NATIONAL INNOVATION SYSTEM: AN INTERNATIONAL COMPARISON USING THE DISTANCE FUNCTION APPROACH

Jin‐Li Hu · Chih‐Hai Yang

81 citations0/0 files storedBulletin of Economic Research

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Efficiency Analysis Using DEA Intellectual Property and Patents Innovation Policy and R&D

Abstract

ABSTRACT This paper applies the distance function approach for stochastic frontier analysis (SFA) to compare research and development (R&D) efficiency across 24 nations during 1998–2005. In this multiple input–output framework, R&D expenditure stock and R&D manpower were inputs, while patents, scientific journal articles, and royalties and licensing fees (RLF) were outputs. Intellectual property rights protection, technological cooperation among business sectors, knowledge transfer between business sectors and higher education institutions, agglomeration of R&D facilities, and involvement of the government sector in R&D activities significantly improve national R&D efficiency.

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References

1957The Measurement of Productive Efficiency 1977Formulation and estimation of stochastic frontier production function models 2000The dynamics of innovation: from National Systems and “Mode 2” to a Triple Helix of university–industry–government relations 2005An Introduction to Efficiency and Productivity Analysis 1977Efficiency Estimation from Cobb-Douglas Production Functions with Composed Error 1995A model for technical inefficiency effects in a stochastic frontier production function for panel data 1990Patent Statistics as Economic Indicators: A Survey 1993National Innovation Systems: A Comparative Analysis

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