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The R&D value-chain efficiency measurement for high-tech industries in China

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Abstract

This study constructs the research and development (R&D) and operation processes as a value-chain framework, in which R&D results in the successful applications of patents. These patents are then used to generate final outputs in the operation. We introduce an empirical model extended from the value-chain model to compute the R&D and the operation efficiencies for 21 of China’s high-tech businesses in a single implementation. The findings are presented as follows. First, R&D efficiency is not related to operation efficiency. Second, communication businesses have relatively higher performance in R&D and operation efficiencies, whereas electronics and computer businesses have high operation efficiency, but low R&D efficiency. Finally, for improving the efficiencies, the patents that do not effectively create value should be reduced.

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Authors and Affiliations

  1. Department of Economics, Soochow University, No. 56, Sec. 1, Kuei-yang, Taipei, 100, Taiwan, ROC

    Yung-ho Chiu & Chin-wei Huang

  2. Department of Finance, Chihlee Institute of Technology, Banciao, Taipei County, ROC

    Yu-Chuan Chen

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  1. Yung-ho Chiu
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  2. Chin-wei Huang
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  3. Yu-Chuan Chen
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Correspondence to Yung-ho Chiu.

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Chiu, Yh., Huang, Cw. & Chen, YC. The R&D value-chain efficiency measurement for high-tech industries in China. Asia Pac J Manag 29, 989–1006 (2012). https://doi.org/10.1007/s10490-010-9219-3

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  • DOI: https://doi.org/10.1007/s10490-010-9219-3

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