Evaluation of regional innovation systems performance using Data Envelopment Analysis (DEA)

Effective innovative systems testify to the success of regional economic policies. Based on the neoclassical approach novel approach towards evalution of regional innovation system functioning is suggested. In this study, the performance indicators of innovative systems in the regions of Kazakhstan...

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Bibliographic Details
Published in:Entrepreneurship and Sustainability Issues 2019-09, Vol.7 (1), p.498-509
Main Authors: Vechkinzova, Yelena, Petrenko, Yelena, Benčič, Stanislav, Ulybyshev, Dmitriy, Zhailauov, Yerlan
Format: Article
Language:English
Subjects:
Data envelopment analysis
Innovations
Nonparametric statistics
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Summary:Effective innovative systems testify to the success of regional economic policies. Based on the neoclassical approach novel approach towards evalution of regional innovation system functioning is suggested. In this study, the performance indicators of innovative systems in the regions of Kazakhstan are calculated using the non-parametric Data Envelopment Analysis (DEA) method for a convex model, with constant and variable effects of scale, focused on maximum outputs and minimum resource costs. The obtained results will facilitate providing recommendations for improving economic policy for the purposes of more efficient use of resources in regional innovation activities.
ISSN:2345-0282
2345-0282
DOI:10.9770/jesi.2019.7.1(35)