Industry innovation efficiency and its influencing factors: Evidence from zhongguancun science park

Guoquan Xu, Xingcui Du, Zhongyuan Yu, Lei Guan, Jinchao Yi*

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Given the importance of innovation in economic development, this paper intends to analyze the impacts of multiple factors on innovation efficiency in Zhongguancun Science Park. A two-stage analysis process is implemented. First, data envelopment analysis (DEA) is applied with several inputs and outputs relating to innovation activities. In the second stage, we regressed the efficiency scores from the first stage on the variables of interest. Results show that technological absorptive ability of an industry, external RD funding by financial organizations and governments, and RD cooperation among enterprises all positively and significantly affect industry innovation. Besides, it needs to encourage RD funding by financial organizations as well as control the governmental RD funding to an appropriate level.

Original languageEnglish
Title of host publication2019 16th International Conference on Service Systems and Service Management, ICSSSM 2019
PublisherInstitute of Electrical and Electronics Engineers Inc.
ISBN (Electronic)9781728119410
DOIs
Publication statusPublished - Jul 2019
Event16th International Conference on Service Systems and Service Management, ICSSSM 2019 - Shenzhen, China
Duration: 13 Jul 201915 Jul 2019

Publication series

Name2019 16th International Conference on Service Systems and Service Management, ICSSSM 2019

Conference

Conference16th International Conference on Service Systems and Service Management, ICSSSM 2019
Country/TerritoryChina
CityShenzhen
Period13/07/1915/07/19

Keywords

  • DEA
  • Efficiency
  • Innovation
  • Science Park

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Xu, G., Du, X., Yu, Z., Guan, L., & Yi, J. (2019). Industry innovation efficiency and its influencing factors: Evidence from zhongguancun science park. In 2019 16th International Conference on Service Systems and Service Management, ICSSSM 2019 Article 8887614 (2019 16th International Conference on Service Systems and Service Management, ICSSSM 2019). Institute of Electrical and Electronics Engineers Inc.. https://doi.org/10.1109/ICSSSM.2019.8887614