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Performance impact of research policy at the Chinese Academy of Sciences |
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| Authors: | Daqun Zhang Rajiv D Banker |
| Institution: | a Institute of Policy and Management, Chinese Academy of Sciences, Beijing 100080, China b Fox School of Business and Management, Temple University, Philadelphia 19122, USA c Kent Business School, University of Kent, Canterbury CT27PE, UK |
| Abstract: | We present evidence on productivity improvement experienced by the research institutes of the Chinese Academy of Sciences (CAS) after its implementation of the Knowledge Innovation Program (KIP). Using a balanced panel of data on R&D inputs and outputs of 59 research institutes in CAS, we analyze the productivity, technological and efficiency changes from 1997 to 2005. We document that the CAS research institutes have a productivity growth of 12.5% from 1998 to 2005, which can be further decomposed into 8.8% attributed to technological progress and 3.3% to efficiency improvement. Results of regional analysis show that institutes in Beijing and Shanghai, performed better than institutes in other regions during the same period. |
| Keywords: | DEA Malmquist indexes Productivity change CAS Knowledge innovation program Research policy |
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