Performance evaluation of R&D active firms

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dc.cclicenceN/Aen
dc.contributor.authorTeirlinck, Peter
dc.contributor.authorKhoshnevis, P.
dc.date.acceptance2017-01-02
dc.date.accessioned2020-03-18T09:57:10Z
dc.date.available2020-03-18T09:57:10Z
dc.date.issued2017-01-04
dc.descriptionThe Publisher's final version can be found by following the DOI link.en
dc.description.abstractThis study focuses on the allocation of R&D resources in R&D active firms. We utilize the input oriented constant (CRS) and variable (VRS) returns to scale data efficiency analysis models to evaluate the efficiency of firms. Scale efficiency and the respective types of returns to scale have been examined by using DEA models with ratio inputs and outputs. We pay attention to the global frontier and the firm's own sector and size frontiers. We highlight the sources of inefficiency and suggestions are proposed to improve efficiencies of R&D resources allocation. The analysis is based on a representative set of (quasi-) permanent R&D active firms in Belgium. We consider R&D related inputs in the year 2009 and include firm performance in terms of turnover and net added value per employee in a four year time span. The paper highlights that on average, R&D active firms suffer from both technical inefficiency and scale size problems since the average of the CRS and the VRS efficiency are low, and also the average of scale efficiency is modest. According to firm size, small-sized firms suffer from scale and technical inefficiency. Medium-sized firms endure scale inefficiency rather than technical inefficiency. Large firms present a higher average scale efficiency and technical efficiency. According to sector of activity, firms in specialized supplier industries tend to outperform other firms in terms of average scale efficiency and average technical efficiency. Firms in science based industries are found to underperform on average in terms of VRS and scale efficiency.en
dc.exception.ref2021codes252cen
dc.funderOther external funder (please detail below)en
dc.funder.otherKU Leuvenen
dc.identifier.citationKhoshnevis, P. and Teirlinck, P. (2018) Performance evaluation of R&D active firms. Socio-Economic Planning Sciences, 61, pp.16-28.en
dc.identifier.doihttps://doi.org/10.1016/j.seps.2017.01.005
dc.identifier.urihttps://dora.dmu.ac.uk/handle/2086/19424
dc.language.isoenen
dc.peerreviewedYesen
dc.projectidKU Leuven BOF/STG/14/009en
dc.publisherElsevieren
dc.subjectR&D active firmsen
dc.subjectEfficiency evaluationen
dc.subjectDEAen
dc.subjectR&D resourcesen
dc.subjectScale efficiencyen
dc.subjectTechnical efficiencyen
dc.titlePerformance evaluation of R&D active firmsen
dc.typeArticleen

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