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author:

Lu, Jin-cheng (Lu, Jin-cheng.) [1] | Li, Mei-juan (Li, Mei-juan.) [2] (Scholars:李美娟)

Indexed by:

SSCI Scopus

Abstract:

Developing China's high-tech industry is important to make the country innovation-oriented. This requires optimising the allocation of innovation resources and improving innovation efficiency. However, few studies have investigated this topic and the realisation path for the high-tech industry. This study develops an input-oriented inverse data envelopment analysis (DEA) model with frontier changes to analyse the optimisation of resource allocation in China's high-tech industry during 2019-2025. With this method, decision makers can scientifically analyse the specific amount of resource investment. We also construct an analysis framework from short- and long-term perspectives. The results show that the excessive input of research and development (R&D) personnel and unbalanced allocation of capital resources are the main barriers to the development of high-tech industries in the short term, and in the mid- and long terms, the demands for investment in talent and capital will continue to increase. Improvement directions for promoting the development of China's high-tech industry are discussed. Finally, we present valuable information for policymaking to promote progress in high-tech industries in different regions.

Keyword:

frontier changes high-tech industries Innovation resource allocation inverse data envelopment analysis

Community:

  • [ 1 ] [Lu, Jin-cheng]Fuzhou Univ, Sch Econ & Management, Fuzhou 350108, Peoples R China
  • [ 2 ] [Li, Mei-juan]Fuzhou Univ, Sch Econ & Management, Fuzhou 350108, Peoples R China
  • [ 3 ] [Li, Mei-juan]Res Ctr Fujian Econ High Qual Dev Based Social Sc, Fuzhou 350108, Peoples R China

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Source :

TECHNOLOGY ANALYSIS & STRATEGIC MANAGEMENT

ISSN: 0953-7325

Year: 2022

3 . 4

JCR@2022

2 . 9 0 0

JCR@2023

ESI Discipline: ECONOMICS & BUSINESS;

ESI HC Threshold:62

JCR Journal Grade:3

CAS Journal Grade:4

Cited Count:

WoS CC Cited Count: 1

SCOPUS Cited Count: 1

ESI Highly Cited Papers on the List: 0 Unfold All

WanFang Cited Count:

Chinese Cited Count:

30 Days PV: 3

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