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Specific knowledge and technical efficiency of watch and clock nanufacturing firms in China

journal contribution
posted on 2023-06-07, 17:07 authored by Zai Bin Wu, Godfrey Yeung, Vincent Mok, Zhaozhou Han
This paper tests whether firm-specific knowledge in terms of capital intensity, product differentiation, and research and development contribute to an improvement in firm efficiency. Based on a representative dataset from the watch and clock industry in southern China, the technical efficiency is estimated using a non-parametric data envelopment analysis approach. Through a Tobit model, we investigate whether a firm's specific knowledge influences its efficiency. The results suggest that capital intensity and research and development have a positive effect on the efficiency of the sample firms, and identify their roles of firm-specific knowledge in explaining inter-firm variation in efficiency. However, sample firms with high level of product differentiation were found to have no obvious advantages in efficiency performance

History

Publication status

  • Published

Journal

International Journal of Production Economics

ISSN

0925-5273

Publisher

Elsevier

Issue

2

Volume

107

Page range

317-332

Department affiliated with

  • Geography Publications

Full text available

  • No

Peer reviewed?

  • Yes

Legacy Posted Date

2013-01-28

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