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The Empirical Research on R&D Efficiency of Equipment Manufacturing Industry in China

Release Time:2019-03-11  Hits:

Indexed by: Conference Paper

Date of Publication: 2009-01-01

Included Journals: CPCI-SSH、CPCI-S

Page Number: 1617-1623

Key Words: Equipment manufacturing industry; R&D efficiency; Stochastic frontier production function

Abstract: Based on analysis of effection factor of EMI R&D efficiency of China, the paper makes an Empirical research on R&D efficiency EMI by Stochastic Frontier Production. The result indicates that corporation scale, industrial structure, policy and R&D expenses proportionment are the effection factors of EMI. On other hand, the average R&D efficiency of EMI go up annually, and appear convergent trend. In the end, the paper proposes suggestions for government and corporation respectively. The government should be change the R&D expenses proportionment, protect R&D harvest, build basal and all-purpose technical flat roof to improve R&D efficiency of EMI. The corporation should change R&D expenses strategy, and build the alliance between scientific units and other interrelated corporation.

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