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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.
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Technology Analysis and Strategic Management
ISSN: 0953-7325
Year: 2024
Issue: 8
Volume: 36
Page: 1829-1846
2 . 9 0 0
JCR@2023
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ESI Highly Cited Papers on the List: 0 Unfold All
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30 Days PV: 1
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