The Performance Evaluation Research of Governmental Financial Investment in Science and Technology in Shandong Province Base on DEA

Abstract

The academic circle and the government have paid close attention to the performance evaluation of governmental financial investment in science and technology. Having reviewed relevant literature home and abroad over the past years, the author has established an effective index system for such evaluation in line with the specific conditions of Shandong province. Besides, the author adopted Data Envelopment Analysis (DEA) to evaluate Shandong province's governmental financial investment in science and technology between 1998 and 2011. The author came up with such finding that in general the performance evaluation of governmental financial investment in science and technology of Shandong province was relatively effective, but problems remained such as the rather low proportion of governmental financial investment in science and technology in the overall provincial financial budget, and the deficient science and technology output, etc. KEYWORD: DEA; governmental financial investment in science and technology; performance evaluation