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SME efficiency in transforming regional business research and innovation investments into innovative sales output

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  • Peter Teirlinck
  • Pegah Khoshnevis

Abstract

Based on data provided by the Regional Innovation Scoreboard on 23 capital and 184 non-capital regions in Europe, slacks-based models of data envelopment analysis (DEA) reveal that the efficiency by which business research and innovation inputs are converted at regional-level aggregated innovative sales output in small and medium-sized enterprises was significantly lower in capital regions in the period 2006–14. In view of efficiency maximization, a majority of the capital regions overinvest in non-research and development innovation activities, are over-specialized in knowledge-intensive industries, and fall behind in converting research and innovation inputs in intermediary intellectual property outcomes.

Suggested Citation

  • Peter Teirlinck & Pegah Khoshnevis, 2022. "SME efficiency in transforming regional business research and innovation investments into innovative sales output," Regional Studies, Taylor & Francis Journals, vol. 56(12), pages 2147-2163, December.
    • Handle: RePEc:taf:regstd:v:56:y:2022:i:12:p:2147-2163
    DOI: 10.1080/00343404.2022.2046263
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