Firm size affecting efficiency of production and commercialization of knowledge: embedded in cluster development
Firm size affecting efficiency of production and commercialization of knowledge: embedded in cluster development
Li Yawen(Department of Management Science and Engineering, School of Economics and Management, Beijing University of Posts and Telecommunications, Beijing, People’s Republic of China); Zhong Zhou(Institute of Education, Tsinghua University, Beijing, People’s Republic of China); Guan Jiancheng(School of Economics and Management, University of Chinese Academy of Sciences, Beijing, People’s Republic of China); Zhou Jinyi(Donlinks School of Economics and Management, University of Science and Technology Beijing, Beijing, People’s Republic of China); Li Jizhen(Research Center for Competitive Dynamics and Innovation Strategy, School of Economics and Management, Tsinghua University, Beijing, People’s Republic of China)
28권 1호, 94~118쪽
초록
This study examines the impact of platform innovation on the efficiency of firms located in different clusters. The sample contains data for 1,257 firms from 2005 to 2015 in Beijing’s Zhongguancun Science Park, which is known as China’s ‘Silicon Valley’. Using the DEA model to gauge the efficiency of each firm over time, we found that firm size has a significantly negative correlation with knowledge production efficiency, a significantly positive correlation with its knowledge commercialisation efficiency, and an inverted-U shaped relationship with overall efficiency. We then explored the mediating effect of firm size on the relationship between the characteristics of clusters and firm efficiency, before concluding with both managerial and academic implications.
Abstract
This study examines the impact of platform innovation on the efficiency of firms located in different clusters. The sample contains data for 1,257 firms from 2005 to 2015 in Beijing’s Zhongguancun Science Park, which is known as China’s ‘Silicon Valley’. Using the DEA model to gauge the efficiency of each firm over time, we found that firm size has a significantly negative correlation with knowledge production efficiency, a significantly positive correlation with its knowledge commercialisation efficiency, and an inverted-U shaped relationship with overall efficiency. We then explored the mediating effect of firm size on the relationship between the characteristics of clusters and firm efficiency, before concluding with both managerial and academic implications.
- 발행기관:
- 기술경영경제학회
- 분류:
- 과학기술학