Research on Efficiency of Chinese Venture Capital to Innovation

被引:0
|
作者
Chen, Zhi [1 ]
Zhang, Suodi [1 ]
机构
[1] Shanxi Univ Finance & Econ, Shool Stat, Taiyuan 030006, Peoples R China
关键词
venture capital; innovation; efficiency; Malmquist index;
D O I
暂无
中图分类号
TP39 [计算机的应用];
学科分类号
081203 ; 0835 ;
摘要
This paper analyzes efficiency of venture capital t innovation over the period 2003-2007. Basing on the effect mechanism, we choose knowledge production function and use Malmquist index to calculate the efficiency. Just as the TFP measures, these are decomposed into two component measures. we give them new meanings and explanation. The results told us that the whole efficiency is growing year by year, although it is lower than ideal..
引用
收藏
页码:241 / 244
页数:4
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