Performance Evaluation of R&D Firms for Generating Insights into Innovation Systems
Due to the speed of technology change and market development, R&D active firms that are viewed as an important and effective anchor of facilitating future product development and economic growth, although R&D is not often aimed to generate immediate profit. Prior studies have shown that there is no positive linear correlation between the total R&D investment and the R&D growth while it is crucial for policy makers to ensure the performance of (supported) R&D firms in disseminating innovations. We evaluate the performance of Belgian R&D active firms. We therefore use data envelopment analysis (DEA) to gauge the multi-dimensional performance of R&D firms in Belgium. Such research sets out to create a classification of firms with regard to the linkage between R&D and firm performance.
Citation : Khoshnevis, P.,Teirlinck, P. and Hatami-Marbini, A. (2015) Performance Evaluation of R&D Firms for Generating Insights into Innovation Systems, 13th International Conference on Data Envelopment Analysis, August 24-27, 2015, Technische Universität (TU) Braunschweig, Germany.