Investigating operations of industrial parks in Beijing: efficiency at different stages

Zhenshan Yang, Gaojian Hao and Zhe Cheng

Economic Research-Ekonomska Istraživanja, 2018, vol. 31, issue 1, 755-777

Abstract: Industrial parks enjoy significant importance in many countries and regions. This study presents a multi-stage operational process to evaluate the efficiency of parks at each stage using an empirical study of Beijing. The study finds that only three of 22 parks were efficient overall during 2006–2008 and two of 22 were efficient during 2009–2012. The promotion of business, facilitation of production, and rewards of economic returns are highly correlated stages for efficiency performance. The results suggest that Beijing’s government should expend more effort developing the potential to generate outputs given current land and investment inputs. In addition, it provides a tool to strengthen the organisational capacity development of industrial parks by emphasising their multi-dimensions in inputs and outputs, selecting the right competitors at the right organisational stage, locating sources of efficiency and inefficiency, and understanding progression and balance of internal stages during operation.

Date: 2018
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DOI: 10.1080/1331677X.2018.1442235

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