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Is more always better? On the relevance of decreasing returns to scale on innovation

Javier Barbero, Jon Mikel Zabala-Iturriagagoitia and José Zofío
Authors registered in the RePEc Author Service: Jon Mikel Zabala Iturriagagoitia

Technovation, 2021, vol. 107, issue C

Abstract: We contribute to the literature on the assessment of innovation systems by relating the amount of inputs available to the system and its performance through the concept of returns to scale (increasing, constant or decreasing). We study to what extent the size or scale of innovation systems relates to their performance, which is estimated through frontier Data Envelopment Analysis-TOPSIS methods, which overcome several limitations of the standard DEA approach.

Keywords: Innovation system; Innovation performance; European innovation scoreboard; Data envelopment analysis; TOPSIS; Innovation policy (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:eee:techno:v:107:y:2021:i:c:s016649722100095x

DOI: 10.1016/j.technovation.2021.102314

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