Use of virtual index for measuring efficiency of innovation systems: A cross-country study | Intellect Skip to content
1981
Volume 9, Issue 3
  • ISSN: 1474-2748
  • E-ISSN: 2040-0551

Abstract

In this study we propose a virtual index for measuring the relative innovativeness of countries. Using a multistage virtual benchmarking process, the best and rational benchmark is extracted for inefficient ISs. Furthermore, Tobit and Ordinary Least Squares (OLS) regression models are used to investigate the likelihood of changes in inefficiencies by investigating country-specific factors. The empirical results relating to the virtual benchmarking process suggest that the OLS regression model would better explain changes in the performance of innovation- inefficient countries.

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/content/journals/10.1386/tmsd.9.3.195_1
2011-04-01
2024-05-27
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http://instance.metastore.ingenta.com/content/journals/10.1386/tmsd.9.3.195_1
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  • Article Type: Article
Keyword(s): DEA; inefficient countries; innovation systems; OLS; virtual index
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