Application of the Two-Stage DEA Model in SMEs Business

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F23%3A10254961" target="_blank" >RIV/61989100:27510/23:10254961 - isvavai.cz</a>
Alternative codes found
RIV/60460709:41110/23:96733
Result on the web
<a href="https://acrobat.adobe.com/id/urn:aaid:sc:EU:eeade8a0-5459-420a-b106-b24115a55dd5" target="_blank" >https://acrobat.adobe.com/id/urn:aaid:sc:EU:eeade8a0-5459-420a-b106-b24115a55dd5</a>
DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Application of the Two-Stage DEA Model in SMEs Business
Original language description
This study aims to investigate the efficiency of SMEs. First, we introduce a new two-stage DEA model for evaluating firm performance with multi-year variables to measure efficiency based on accounting data in model development. It is primarily concerned with the stable operation of enterprises. The process is divided into two sub-processes: efficiency of human capital (first stage) and efficiency of business (second stage). The outputs of the first stage are the inputs for the second stage. These variables are identified as stocks, investments and economic results of 2020. The external inputs (inputs of the first stage) are also variables from 2020, but the final outputs (outputs of the second stage) are from 2021, which can describe the natural processes in SMEs. The results divide businesses into efficient and inefficient (both overall and in individual phases). Based on these results, the relationships between human capital, business skills and performance are examined. The plan provides recommendations for better functioning and business support in the SME sector.
Czech name
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Czech description
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Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2023
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
MME 2023 : Proceedings of the 41st International Conference on Mathematical Methods in Economics : September 13–15, 2023, Prague, Czech Republic
ISBN
978-80-11-04132-8
ISSN
2788-3965
e-ISSN
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Number of pages
6
Pages from-to
141-146
Publisher name
Czech Society for Operations Research
Place of publication
Praha
Event location
Praha
Event date
Sep 13, 2023
Type of event by nationality
CST - Celostátní akce
UT code for WoS article
001551108000024

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