Science Research Management ›› 2014, Vol. 35 ›› Issue (6): 56-67.

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The study of theories and methods for the efficiency measurement of technological innovation investments in innovative cities:From an innovation-process perspective

Kou Mingting1,5, Chen Kaihua2, Gao Xia3, Yang Lifeng4   

  1. 1. School of Business, Shanxi Datong University, Datong 037009, Shanxi, China;
    2. Institute of Policy and Management, Chinese Academy of Sciences, Beijing 100190, China;
    3. School of Economics and Management, Inner Mongolia University, Hohhot 010021, Inner Mongolia, China;
    4. School of Management, University of Science and Technology of China, Hefei 230026, Anhui, China;
    5. School of Management, University of Chinese Academy of Sciences, Beijing 100190, China
  • Received:2011-09-20 Revised:2011-11-01 Online:2014-06-25 Published:2014-06-23

Abstract: This article presents a phased measurement indicator system for the construction efficiency of technological innovation investment in innovative cities based on the technological innovation investment process of innovative cities. Subsequently, this article proposes a structural data envelopment analysis (DEA) technique to model the technological innovation investment process with a network transformation structure. The measurement framework is not subject to the preference of experts, and fully takes into account across-city difference in the importance of measures indicators. Our measurement framework discriminates the two-stage transformation of the technological innovation investment process: technological research/development and technological applications. Furthermore, our measurement framework systematically takes into account the difference of production technologies, the relevance of production relationship between technological research/development and technological applications, and the participation of intermediate production factors. The calculated results from our measurement model helps in exploring the sources of inefficiency in the construction process, and facilitates the development of systematic and differential innovation policies of one innovative city.

Key words: innovative cities, efficiency of technological innovation investment, system of monitoring indicators, efficiency and inefficiency, network data envelopment analysis

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