Use of Malmquist Index in Evaluating Performance of Companies in Cluster
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F46747885%3A24310%2F17%3A00004186" target="_blank" >RIV/46747885:24310/17:00004186 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Use of Malmquist Index in Evaluating Performance of Companies in Cluster
Original language description
The article deals with the influence that a membership of a company in a cluster has on the company`s financial performance. The research was conducted on a sample of 17 companies that are members of CLUTEX, the cluster of technical textiles. For evaluating the performance, there were used number of employees, total assets and the size of capital employed as inputs. The output and the measure of financial performance was an economic value added relative to performance. The economic value added was constructed in a modular way following the methodology of the Ministry of Industry and Trade. Data was collected within the period of 2009 to 2014. Using DEA models, there was determined a rate of technical efficiency for both the assumption of a constant and the variable returns to scale for each company. The model with a focus on inputs was used. With the help of Malmquist index, a total factor productivity change and its division into a technological change, technical efficiency change and scale efficiency change was calculated for each company. According to the extent of technical and technological efficiency changes, the companies were divided into four quadrants - technological innovators, efficient - technologically backward, inefficient - innovative and inefficient – falling behind.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
50401 - Sociology
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2017
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Mathematical Methods in Economics MME 2017
ISBN
978-80-7435-678-0
ISSN
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e-ISSN
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Number of pages
6
Pages from-to
878-883
Publisher name
Gaudeamus
Place of publication
Hradec Králové
Event location
Hradec Králové
Event date
Jan 1, 2017
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
000427151400150