Cluster-based performance measurement system for emerging technology-based ventures

Q3 Economics, Econometrics and Finance

International Journal of Entrepreneurship and Innovation Management Pub Date : 2017-10-06 DOI:10.1504/IJEIM.2017.10007112

Artie Ng, W. M. Wang, B. Cheung, R. Ma, Y. Y. Or

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引用次数: 1

Abstract

Performance assessment of technology-based ventures requires consideration of the nature of their businesses and the dynamics of their emerging industries. This paper explores the development of a cluster-based and quantitative measurement system for science and technology parks to evaluate the performance of technology-based ventures. The proposed method incorporates technique for order preference by similarity to ideal solution (TOPSIS) and weight allocation. It ranks the technology-based ventures in different technological clusters, based on a range of indicators pertinent to productivity, research and development (R&D) effort, R&D personnel percentage, time to market and financial performance. This method has been implemented through a trial study conducted within the Hong Kong Science and Technology Parks Corporation. The results indicate that R&D spending has a strong impact on a company's performance ranking. The performance of technology-based ventures should be measured with respect to their R&D investments and their pertinent efforts to commercialise products.

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新兴科技企业基于集群的绩效评估系统

对以技术为基础的企业进行业绩评估需要考虑其业务的性质及其新兴产业的动态。本文探讨了基于集群的科技园区科技型企业绩效定量评价体系的构建。该方法结合了理想解相似度排序偏好和权重分配技术。它根据与生产率、研发努力、研发人员比例、上市时间和财务绩效相关的一系列指标，对不同技术集群中的技术型企业进行排名。该方法已在香港科技园公司内进行了一项试验研究。研究结果表明，研发支出对企业绩效排名有显著影响。以技术为基础的企业的业绩应根据其研发投资和产品商业化的相关努力来衡量。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

International Journal of Entrepreneurship and Innovation Management Economics, Econometrics and Finance-Economics and Econometrics

CiteScore

1.60

自引率

0.00%

发文量

期刊介绍： IJEIM provides a refereed and authoritative source of information and international forum in the field of entrepreneurship and innovation management and related topics. It offers an interface between entrepreneurship and innovation, as well as business corporate strategy and government economic policy. The journal is supported by the International Society for Professional Innovation Management (ISPIM). Topics covered include Corporate innovation restructuring Managing/leading fast-paced high-tech start-ups Intrapreneurship/corporate venturing International aspects of entrepreneurship Entrepreneurship in economic development New business incubators, networks, technology parks, etc Government policies Venture capital, government funds/grants Technological/organisational innovation Strategic cooperation among SMEs Case studies, lessons learnt Strategy development/implementation where high-tech/market risk Innovation, technopreneurship, licensing/franchising Marketing of innovations/by entrepreneurs Cross-cultural management.