Abstract
The innovative transformation is a necessary condition for sustainable economic development. The study reveals an assessment and comparative analysis of the Regional Innovation Systems’ (RIS) performance in the Russian Federation using Data Envelopment Analysis (DEA). The DEA model under the Variable Return to Scale (VRS) assumption, focused on output parameters, is used to estimate the relative technical efficiency of regions based on several input and output parameters. Based on the obtained results, a rating of regions was compiled: four groups of regions were identified depending on their technical efficiency level. It was revealed that the leading regions by innovative development level are assessed by the DEA somewhat differently. A comparative analysis of the innovation systems performance at the regional and federal levels allowed us to identify the most and least effective subjects of the Russian Federation, federal districts and economic regions. The main conclusion is that less than a third of the Russian regions use their production capabilities as efficient as possible, the remaining regions can significantly improve the way they use the available resources. The results of the study might be used in making managerial decisions at the country, federal districts and regions levels in order to develop measures and mechanisms for improving the efficiency of regional innovation systems.
Highlights
In recent decades Regional Innovation Systems (RIS) have attracted significant attention of both scientists and policymakers due to their high economic role
The Data Envelopment Analysis (DEA) method was used as a methodology for assessing the relative technical efficiency of regions based on several input and output parameters
The inventive activity of the regions was evaluated in accordance with their ability to develop advanced manufacturing technologies and to launch innovative products at a given level of production and information and communication technologies, human capital and R&D expenditures
Summary
In recent decades Regional Innovation Systems (RIS) have attracted significant attention of both scientists and policymakers due to their high economic role. The failure of the regions to develop the maximum possible number of new technologies is explained by the inefficient RIS management [2]. In this regard, the evaluation of RIS effectiveness has become relevant. The scientific contribution of the study is to use DEA as a methodology for evaluating RIS effectiveness based on several input and output parameters and to conduct a comparative analysis of RIS performance in 85 subject of the Russian Federation, 8 federal districts, as well as in the European and Asian parts of Russia. Efficiency in the use of system resources is indicated by the degree to which inputs are generating high returns, or that the bottom line does not reflect the volume of investments
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