Bulletin of Economic Research · 2011 · 81 citations · 43 references
ManagementEconomicsInnovation ManagementEconometricsInnovationTechnology TransferInnovation ClustersProductivity AnalysisPublic Sector EfficiencyRegional Innovation SystemsResearch PolicyTechnical EfficiencyBusiness Licensing FeesEfficiencyFrontier AnalysisInnovation EfficienciesIntellectual Property Protection StrategyInternational R And D CollaborationResearch ArticlesStochastic Frontier Cost Functions
ABSTRACT This paper applies the distance function approach for stochastic frontier analysis (SFA) to compare research and development (R&D) efficiency across 24 nations during 1998–2005. In this multiple input–output framework, R&D expenditure stock and R&D manpower were inputs, while patents, scientific journal articles, and royalties and licensing fees (RLF) were outputs. Intellectual property rights protection, technological cooperation among business sectors, knowledge transfer between business sectors and higher education institutions, agglomeration of R&D facilities, and involvement of the government sector in R&D activities significantly improve national R&D efficiency.
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