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Revista de Cercetare si Interventie Sociala

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Evaluation of Operation Efficiency of High-Tech Industry with Application of Data Envelopment Analysis

Evaluation of Operation Efficiency of High-Tech Industry with Application of Data Envelopment Analysis

Autori:

Li WEI, Thomas WARD

Cod: ISSN: 1583-3410 (print), ISSN: 1584-5397 (electronic)
Dimensiuni: pp. 130-139



How to cite this article:

Wei, L. Ward, T. (2019). Evaluation of Operation Efficiency of High-Tech Industry with Application of Data Envelopment Analysis. The Impact of Relatedness. Revista de Cercetare si Interventie Sociala, 64, 130-139. DOI: https://doi.org/10.33788/rcis.64.11



Abstract:

High-tech industry is facing the globally competitive situation that the development strategy for technology industry to integrate national power, combine international resources, and conform to the market trend is required for developing the internationally competitive high-tech industry in China. Following high customization and the development of product diversification to conform to various customer needs as well as short product life cycle, it becomes more important to understand the relative business performance of high-tech companies to the industry in China and evaluate the strengths and weaknesses in order to rapidly respond to customer needs and maintain high-quality products. Modified Delphi Method is utilized in this study for selecting inputs and outputs. The variable data used in this study are acquired from open statistical data of enterprises. Data Envelopment Analysis (DEA) is further used for evaluating the efficiency. The research results conclude that 1 DMU shows strong efficiency, with better operation efficiency, 4 DMUs present the operation efficiency between 0.9 and 1 that the operation efficiency can be more easily enhanced, and 5 DMUs appear the operation efficiency lower than 0.9, with obvious inefficiency. Furthermore, inputs and outputs are gradually removed in DEA for understanding the sensitivity to efficiency. Finally, suggestions are proposed according to the results, expecting to assist high-tech industry in China in the business development.

Keywords:

efficiency, evaluation, input, output, competitiveness, performance, success factors.

DOI: https://doi.org/10.33788/rcis.64.11


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