The Efficiency of R&D Expenditures in ASEAN Countries
Paweł Dobrzański , Sebastian Bobowski
AbstractThe aim of this study is to determine whether funds spent on research and development are used efficiently in Association of Southeast Asian Nations (ASEAN) countries. Fifteen countries in the 2000-2016 period have been examined. Measuring the efficiency of research and development spending was performed using the non-parametric Data Envelopment Analysis (DEA) methodology, which allows for the assessment of input–output efficiency. The research includes the following input and output variables: annual public and private spending on innovation, high-technology exports as a percentage of manufactured exports, patent applications to the World Intellectual Property Organisation (WIPO) by priority year for million inhabitants, trademark applications (TA) for million inhabitants and information and communications technology (ICT) exports as a percentage of manufactured exports. Hong Kong and the Philippines are perhaps the most efficient with respect to research and development (R&D) when analysed using the constant return to scale (CRS) approach. However, according to the variable return to scale (VRS) approach, the most efficient ASEAN countries are Hong Kong, Indonesia, Singapore and the Philippines. The study also confirms that increased spending on innovation is resulting in non-proportional effects.
|Journal series||Sustainability, ISSN 2071-1050, (N/A 70 pkt)|
|Publication size in sheets||1.25|
|Keywords in English||Innovation; DEA Methodology; Relative efficiency|
|ASJC Classification||; ;|
|Publication indicators||: 2016 = 0.911; : 2018 = 2.592 (2) - 2018=2.801 (5)|
|Uwaga||The project is financed by the Ministry of Science and Higher Education in Poland under the programme “Regional Initiative of Excellence” 2019–2022 project number 015/RID/2018/19 total funding amount 10 721 040,00 PLN.|
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