Evaluation of technological innovation efficiency of petroleum companies based on BCC–Malmquist index model
Abstract This paper took the technological innovation status of the Daqing Petroleum Company in China during 2012–2015 as the subject to analyze the technological innovation efficiency (TIE) from an input-oriented perspective. It presents an approach combining BCC model and Malmquist index model to...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
SpringerOpen
2019-02-01
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| Series: | Journal of Petroleum Exploration and Production Technology |
| Subjects: | |
| Online Access: | http://link.springer.com/article/10.1007/s13202-019-0618-9 |
| Summary: | Abstract This paper took the technological innovation status of the Daqing Petroleum Company in China during 2012–2015 as the subject to analyze the technological innovation efficiency (TIE) from an input-oriented perspective. It presents an approach combining BCC model and Malmquist index model to analyze the TIE and its varying trend of petroleum companies from both static and dynamic perspectives. It finds out the characteristics of changes of the TIE of petroleum companies. It conducts analysis on distribution characters of the results of the evaluation. It ranks the important parameters influencing the TIE. It tests the feasibility and applicability of the new method applied to measure the TIE. It provides analysis tools to evaluate the company TIE. This approach will be helpful to explore new applied area of the DEA models and lay down foundations for the decision makers in related industries. |
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| ISSN: | 2190-0558 2190-0566 |