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Industrial Enterprises' Innovation Efficiency And The Influence Of Capital Source: Based On Statistical Data Of Industrial Enterprises In Jiangsu Province

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  • LUO, ZHENGYING
  • CHIU, YUNG-HO
  • TANG, LINGLING
  • XU, YAYUN
  • LU, CHING-CHENG

Abstract

This study chooses industrial enterprises with great innovative capacity and above a designated size in Jiangsu as the research object to examine the real mechanism of their innovative activities. We apply the DEA model to calculate the technical efficiency, technical progress, and total factor productivity (TFP) of industrial enterprises from 1999 to 2009, finding that technical progress is the most significant factor in increasing TFP. In order to ensure the efficient flow of capital and labor, the empirical results of this study provide useful evidence to promote the industry frontier technical progress and to improve the average efficiency level.

Suggested Citation

  • Luo, Zhengying & Chiu, Yung-Ho & Tang, Lingling & Xu, Yayun & Lu, Ching-Cheng, 2016. "Industrial Enterprises' Innovation Efficiency And The Influence Of Capital Source: Based On Statistical Data Of Industrial Enterprises In Jiangsu Province," Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 57(2), pages 175-193, December.
    • Handle: RePEc:hit:hitjec:v:57:y:2016:i:2:p:175-193
    DOI: 10.15057/28220
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    References listed on IDEAS

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    Cited by:

    1. Chen, Yiqi & Ibhagui, Oyakhilome W., 2019. "R&D-firm performance nexus: New evidence from NASDAQ listed firms," The North American Journal of Economics and Finance, Elsevier, vol. 50(C).

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    More about this item

    Keywords

    R&D investment; technical progress; industrial enterprises; fund sources; DEA;
    All these keywords.

    JEL classification:

    • D29 - Microeconomics - - Production and Organizations - - - Other
    • L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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