The R&D value-chain efficiency measurement for high-tech industries in China

Yung-Ho Chiu, Chin-wei Huang () and Yu-Chuan Chen ()

Asia Pacific Journal of Management, 2012, vol. 29, issue 4, 989-1006

Abstract: This study constructs the research and development (R&D) and operation processes as a value-chain framework, in which R&D results in the successful applications of patents. These patents are then used to generate final outputs in the operation. We introduce an empirical model extended from the value-chain model to compute the R&D and the operation efficiencies for 21 of China’s high-tech businesses in a single implementation. The findings are presented as follows. First, R&D efficiency is not related to operation efficiency. Second, communication businesses have relatively higher performance in R&D and operation efficiencies, whereas electronics and computer businesses have high operation efficiency, but low R&D efficiency. Finally, for improving the efficiencies, the patents that do not effectively create value should be reduced. Copyright Springer Science+Business Media, LLC 2012

Keywords: Data envelopment analysis; R&D efficiency; Operation efficiency; Value-chain framework; two-stage model; Patents; China (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (17)

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DOI: 10.1007/s10490-010-9219-3

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