A comparative study of national innovation efficiency based on SFA

DOI

10.2991/febm-17.2017.81How to use a DOI?

Keywords

SFA; innovation efficiency; innovation national; BRIC; R&D efficiency; Output efficiency

Abstract

Based on the two-stage theory of innovation, this paper divides the innovation efficiency into R & D efficiency and output efficiency.Using the stochastic frontier analysis method (SFA) to evaluate and compare the innovation efficiency of the world's major innovative countries and BRIC countries.It is found that China's R & D efficiency is at a low level, the output efficiency level is higher. In the empirical analysis, it is also found that foreign direct investment has no direct effect on R & D efficiency and has negative influence on output efficiency; market openness has a positive impact on R & D efficiency and output efficiency; government R & D investment has a negative impact on R & D efficiency and output efficiency. Finally, suggestions are made.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Shu Zhu
AU  - Yong Qi
PY  - 2017/10
DA  - 2017/10
TI  - A comparative study of national innovation efficiency based on SFA
BT  - Proceedings of the Second International Conference On Economic and Business Management (FEBM 2017)
PB  - Atlantis Press
SP  - 610
EP  - 615
SN  - 2352-5428
UR  - https://doi.org/10.2991/febm-17.2017.81
DO  - 10.2991/febm-17.2017.81
ID  - Zhu2017/10
ER  -