Are We Spending Our Scarce R&D Resources Adequately? Analyzing the Efficiency of EU’s Regional Innovation Systems
Thomas Baumert () and
Cristián Gutiérrez
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Thomas Baumert: ESIC Business & Marketing Madrid
Cristián Gutiérrez: Univ. de Santiago de Chile
Chapter Chapter 20 in Advances in Cross-Section Data Methods in Applied Economic Research, 2020, pp 307-332 from Springer
Abstract:
Abstract The purpose of this article is to measure the efficiency of regional innovation systems (RIS) of the European Union (EU-14) between 2000 and 2010 based on the Data Envelopment Analysis. To measure the efficiency, we used 29 input variables synthesized in 5 factors or composite indicators. The output is reflected by patents and scientific publications. The results obtained highlight that only a few European RIS are situated on or near the efficiency frontier and most regions present very low efficiency levels. We detected a broad dispersion in terms of efficiency, although the tendency over time is a reduction of the dispersion reflecting a process of convergence. Moreover, the results reveal that an important possible cause of the inefficiencies is a problem of scale rather than technical inefficiency.
Keywords: Efficiency; Regional innovation systems; DEA; Scale efficiency; O32; R58; C61 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-030-38253-7_20
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DOI: 10.1007/978-3-030-38253-7_20
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