Crowding-Out or Spillover: Reassessment on the Impact of the Belt and Road Initiative on Innovation Efficiency
This paper established a three-stage DEA model to measure the innovation efficiency of Chinese listed companies over the period 2008 to 2019, and then tested the impact of the Belt and Road Initiative on innovation efficiency with DID model. The results show that: (1) The innovation efficiency of en...
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| Format: | Article |
| Language: | English |
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SAGE Publishing
2023-03-01
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| Series: | SAGE Open |
| Online Access: | https://doi.org/10.1177/21582440231159858 |
| _version_ | 1797871836711616512 |
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| author | Tian Zhao |
| author_facet | Tian Zhao |
| author_sort | Tian Zhao |
| collection | DOAJ |
| description | This paper established a three-stage DEA model to measure the innovation efficiency of Chinese listed companies over the period 2008 to 2019, and then tested the impact of the Belt and Road Initiative on innovation efficiency with DID model. The results show that: (1) The innovation efficiency of enterprises along the Belt and Road are slightly lower than that of other enterprises, but the former improves faster. (2) The impact of the Belt and Road Initiative on innovation efficiency is mainly spillover and the impact tends to fluctuate upwards year by year. (3) The Belt and Road Initiative has effectively expanded the R&D capital stock, which is an important mediating factor in boosting the innovation efficiency. |
| first_indexed | 2024-04-10T00:50:23Z |
| format | Article |
| id | doaj.art-042309307bc34098bbda34fddbdbd9a1 |
| institution | Directory Open Access Journal |
| issn | 2158-2440 |
| language | English |
| last_indexed | 2024-04-10T00:50:23Z |
| publishDate | 2023-03-01 |
| publisher | SAGE Publishing |
| record_format | Article |
| series | SAGE Open |
| spelling | doaj.art-042309307bc34098bbda34fddbdbd9a12023-03-13T11:03:37ZengSAGE PublishingSAGE Open2158-24402023-03-011310.1177/21582440231159858Crowding-Out or Spillover: Reassessment on the Impact of the Belt and Road Initiative on Innovation EfficiencyTian Zhao0Shandong University of Science and Technology, Jinan, ChinaThis paper established a three-stage DEA model to measure the innovation efficiency of Chinese listed companies over the period 2008 to 2019, and then tested the impact of the Belt and Road Initiative on innovation efficiency with DID model. The results show that: (1) The innovation efficiency of enterprises along the Belt and Road are slightly lower than that of other enterprises, but the former improves faster. (2) The impact of the Belt and Road Initiative on innovation efficiency is mainly spillover and the impact tends to fluctuate upwards year by year. (3) The Belt and Road Initiative has effectively expanded the R&D capital stock, which is an important mediating factor in boosting the innovation efficiency.https://doi.org/10.1177/21582440231159858 |
| spellingShingle | Tian Zhao Crowding-Out or Spillover: Reassessment on the Impact of the Belt and Road Initiative on Innovation Efficiency SAGE Open |
| title | Crowding-Out or Spillover: Reassessment on the Impact of the Belt and Road Initiative on Innovation Efficiency |
| title_full | Crowding-Out or Spillover: Reassessment on the Impact of the Belt and Road Initiative on Innovation Efficiency |
| title_fullStr | Crowding-Out or Spillover: Reassessment on the Impact of the Belt and Road Initiative on Innovation Efficiency |
| title_full_unstemmed | Crowding-Out or Spillover: Reassessment on the Impact of the Belt and Road Initiative on Innovation Efficiency |
| title_short | Crowding-Out or Spillover: Reassessment on the Impact of the Belt and Road Initiative on Innovation Efficiency |
| title_sort | crowding out or spillover reassessment on the impact of the belt and road initiative on innovation efficiency |
| url | https://doi.org/10.1177/21582440231159858 |
| work_keys_str_mv | AT tianzhao crowdingoutorspilloverreassessmentontheimpactofthebeltandroadinitiativeoninnovationefficiency |