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

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  • Yung-ho Chiu
  • Chin-wei Huang
  • Yu-Chuan Chen

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. Copyright Springer Science+Business Media, LLC 2012

Suggested Citation

  • Yung-ho Chiu & Chin-wei Huang & Yu-Chuan Chen, 2012. "The R&D value-chain efficiency measurement for high-tech industries in China," Asia Pacific Journal of Management, Springer, vol. 29(4), pages 989-1006, December.
    • Handle: RePEc:kap:asiapa:v:29:y:2012:i:4:p:989-1006
    DOI: 10.1007/s10490-010-9219-3
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