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author:

Lu, J.-C. (Lu, J.-C..) [1] | Li, M.-J. (Li, M.-J..) [2]

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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. © 2022 Informa UK Limited, trading as Taylor & Francis Group.

Keyword:

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

Community:

  • [ 1 ] [Lu J.-C.]School of Economics & Management, Fuzhou University, Fuzhou, China
  • [ 2 ] [Li M.-J.]School of Economics & Management, Fuzhou University, Fuzhou, China
  • [ 3 ] [Li M.-J.]Research Center of Fujian Economic High-Quality Development Based on Social Science Planning of Fujian Province in China, Fuzhou, China

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Source :

Technology Analysis and Strategic Management

ISSN: 0953-7325

Year: 2024

Issue: 8

Volume: 36

Page: 1829-1846

2 . 9 0 0

JCR@2023

Cited Count:

WoS CC Cited Count:

SCOPUS Cited Count:

ESI Highly Cited Papers on the List: 0 Unfold All

WanFang Cited Count:

Chinese Cited Count:

30 Days PV: 1

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