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Show-Ling Jang Che -Jung Hsu Tzu-Ti Lin Department of Economics, National Taiwan University

Show-Ling Jang Che -Jung Hsu Tzu-Ti Lin Department of Economics, National Taiwan University Dar-Zen Chen Department of Economics, National Taiwan University Mu- Hsuan Huang Department of Economics, National Taiwan University Annual Paris Conference on “Money, Economy and Management”

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Show-Ling Jang Che -Jung Hsu Tzu-Ti Lin Department of Economics, National Taiwan University

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  1. Show-Ling Jang Che-Jung Hsu Tzu-Ti LinDepartment of Economics, National Taiwan University Dar-Zen Chen Department of Economics, National Taiwan University Mu-Hsuan Huang Department of Economics, National Taiwan University Annual Paris Conference on “Money, Economy and Management” July 2011

  2. 1. Introduction

  3. Innovation Crucial For Every Nation!

  4. Conventional Policy Making Technological Improvement Depends On R&D Expenditure Researchers Technicians This neglects EXTERNAL sourcing! Reference: Wang and Huang (2007); Sharma and Thomas (2008)

  5. Measurement of External Sourcing:Technology Balance of Payment (TBP) Reference: TBP Manual (1990); Hollanders (2008)

  6. Reasonably Using TBP Data

  7. Our Research Purpose

  8. 2. Technology Balance of Payment

  9. Table1 TBP in 32 Countries Note: * Original data are missing and have been filled in by linear interpolation of the closest years’ observations . Source: OECD(2010)

  10. TBP Analyses

  11. Table2 Ratio of TBP Receipts to Payments Source: OECD(2010)

  12. Table 3aTop 5 Import Sources of Selected Countries Source: International Economic Accounts; BEA; Indicators of S&T in Japan; MEXT.

  13. Table 3bTop 5 Export Destinations of Selected Countries Source: International Economic Accounts; BEA; Indicators of S&T in Japan; MEXT.

  14. 3. Innovation Efficiency

  15. Data Envelopment Analysis (DEA) Reference: Charnes et al.(1994); Farrel(1957); Banker et al.(1984)

  16. Chosen Variables

  17. Table 6Descriptive Statistics of Variables in DEA

  18. Empirical Results

  19. Table 7Innovation Efficiency Scores in DEA

  20. 4. Conclusion

  21. Concluding Remarks

  22. THANK YOU!

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