Does social capital affect R&D efficiency—An empirical study based on the provincial panel data from in China

Shi Xinxiang; Liang Tongying

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Science Research Management ›› 2013, Vol. 34 ›› Issue (5) : 73-79,110.

Does social capital affect R&D efficiency—An empirical study based on the provincial panel data from in China

Shi Xinxiang¹, Liang Tongying²

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Abstract

The relation between social capital and R&D efficiency is explored by using the panel data from provinces in China. Firstly, the effect of three factors constituting social capital on R&D efficiency is respectively analyzed. The results suggest that trusts plays a positive role in the intermediate output efficiency of R&D and norms do same thing to the ultimate output efficiency of R&D, meanwhile social networks have insignificant effect on either output efficiencies of R&D. Then, the relationship between R&D efficiency and social capital which is integrated from trusts, norms, and networks is studied by using factor analysis approach. It is found that social capital has significantly positive influence both on the intermediate and ultimate output efficiencies of R&D.

Key words

social capital / R&D efficiency / stochastic frontier model

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Shi Xinxiang, Liang Tongying. Does social capital affect R&D efficiency—An empirical study based on the provincial panel data from in China[J]. Science Research Management. 2013, 34(5): 73-79,110

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