Economics, Econometrics and Finance
8 years ago

Beijing's High-Tech Industries Boost Efficiency with RD Transformation.

Beijing Youdian Xueyuan xuebao
R&D Transformation Efficiency of High-Tech Industries in Beijing——Based on the Stochastic Frontier Production Function Analysis
Wengang Zhang

Paper Summary

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The study analyzed the efficiency of research and development (R&D) in high-tech industries in Beijing. They found that the output efficiency of R&D funds is good, but the output efficiency of R&D personnel needs improvement. Overall, the transformation efficiency of R&D in high-tech industries is increasing, but different industries show varying levels of improvement. Factors like industrial profit and government support positively impact R&D efficiency, while market structure doesn't have a significant effect. The study suggests ways to enhance R&D efficiency in Beijing's high-tech industry.