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Open AccessArticle

The Efficiency of R&D Expenditures in ASEAN Countries

1
Department of Mathematical Economics, Wroclaw University of Economics and Business, 53-345 Wroclaw, Poland
2
Department of International Economic Relations, Wroclaw University of Economics and Business, 53-345 Wroclaw, Poland
*
Author to whom correspondence should be addressed.
Sustainability 2020, 12(7), 2686; https://doi.org/10.3390/su12072686
Received: 11 March 2020 / Revised: 23 March 2020 / Accepted: 26 March 2020 / Published: 29 March 2020
The aim of this study is to determine whether funds spent on research and development are used efficiently in Association of Southeast Asian Nations (ASEAN) countries. Fifteen countries in the 2000-2016 period have been examined. Measuring the efficiency of research and development spending was performed using the non-parametric Data Envelopment Analysis (DEA) methodology, which allows for the assessment of input–output efficiency. The research includes the following input and output variables: annual public and private spending on innovation, high-technology exports as a percentage of manufactured exports, patent applications to the World Intellectual Property Organisation (WIPO) by priority year for million inhabitants, trademark applications (TA) for million inhabitants and information and communications technology (ICT) exports as a percentage of manufactured exports. Hong Kong and the Philippines are perhaps the most efficient with respect to research and development (R&D) when analysed using the constant return to scale (CRS) approach. However, according to the variable return to scale (VRS) approach, the most efficient ASEAN countries are Hong Kong, Indonesia, Singapore and the Philippines. The study also confirms that increased spending on innovation is resulting in non-proportional effects. View Full-Text
Keywords: Innovation; DEA Methodology; Relative efficiency Innovation; DEA Methodology; Relative efficiency
MDPI and ACS Style

Dobrzanski, P.; Bobowski, S. The Efficiency of R&D Expenditures in ASEAN Countries. Sustainability 2020, 12, 2686.

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