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The effect of innovation efficiency management on performance: Differences according to organizational size

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  • Concepción Rubio‐Picón
  • Francisco Velasco‐Morente
  • Encarnación Ramos‐Hidalgo
  • María A. Agustí

Abstract

The efficiency associated with innovation has been a frequently considered element in the literature. However, the conceptualization of this efficiency and its management is an underexplored factor. We study the way in which the different elements that conform to this efficiency are managed over time. From a dynamic efficiency analysis using data envelope analysis (DEA) and the Malmquist productivity index, we evaluate changes in efficiency and if there are differences according to firm size. Our results confirm the relevance of size in the way that firms manage their innovation efficiency and how small firms differ from larger ones in terms of efficiency management.

Suggested Citation

  • Concepción Rubio‐Picón & Francisco Velasco‐Morente & Encarnación Ramos‐Hidalgo & María A. Agustí, 2023. "The effect of innovation efficiency management on performance: Differences according to organizational size," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 44(1), pages 336-358, January.
    • Handle: RePEc:wly:mgtdec:v:44:y:2023:i:1:p:336-358
    DOI: 10.1002/mde.3685
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