Inter-Branch Comparison of Cluster Company Performance Using Malmquist Index

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F46747885%3A24310%2F19%3A00006732" target="_blank" >RIV/46747885:24310/19:00006732 - isvavai.cz</a>

Výsledek na webu

<a href="http://mme2019.ef.jcu.cz/files/conference_proceedings.pdf" target="_blank" >http://mme2019.ef.jcu.cz/files/conference_proceedings.pdf</a>

DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Inter-Branch Comparison of Cluster Company Performance Using Malmquist Index

Popis výsledku v původním jazyce

The article evaluates the differences between the financial performance of clustered companies in two sectors for the period of 2009-2016. The first sample consists of 16 member companies that form the core CLUTEX cluster of technical textiles. The second sample includes 22 subjects representing NANOPROGRESS - cluster core of nanotechnology. Financial performance development was analyzed using the Adjacent Malmquist Index based on window scores. Window score values were obtained using Data Envelopment Analysis. Staff number, total assets and a long-term capital were used as model inputs. The economic value added was the model output. For each sample, the Malmquist Index and its components were determined - technical efficiency change and technological change. For scale efficiency, models with both constant and variable returns to scale were applied. The results of the analysis show that the average annual growth in company performance in the nanotechnology cluster is significantly higher than in the case of the textile cluster. However, the fact that the growth of performance is driven by technological change, that is to say, innovation, is a positive factor for the existence of a textile cluster. In the nanotechnology cluster, the main source of performance growth is the improvement of internal technical efficiency.

Název v anglickém jazyce

Inter-Branch Comparison of Cluster Company Performance Using Malmquist Index

Popis výsledku anglicky

The article evaluates the differences between the financial performance of clustered companies in two sectors for the period of 2009-2016. The first sample consists of 16 member companies that form the core CLUTEX cluster of technical textiles. The second sample includes 22 subjects representing NANOPROGRESS - cluster core of nanotechnology. Financial performance development was analyzed using the Adjacent Malmquist Index based on window scores. Window score values were obtained using Data Envelopment Analysis. Staff number, total assets and a long-term capital were used as model inputs. The economic value added was the model output. For each sample, the Malmquist Index and its components were determined - technical efficiency change and technological change. For scale efficiency, models with both constant and variable returns to scale were applied. The results of the analysis show that the average annual growth in company performance in the nanotechnology cluster is significantly higher than in the case of the textile cluster. However, the fact that the growth of performance is driven by technological change, that is to say, innovation, is a positive factor for the existence of a textile cluster. In the nanotechnology cluster, the main source of performance growth is the improvement of internal technical efficiency.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50401 - Sociology

Projekt

<a href="/cs/project/GA18-01144S" target="_blank" >GA18-01144S: Empirická studie dopadů existence klastrů na výkonnost členských podniků</a><br>

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Rok uplatnění

2019

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

37th International Conference on Mathematical Methods in Economics 2019. Conference Proceedings

ISBN

978-80-7394-760-6

ISSN

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e-ISSN

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Počet stran výsledku

6

Strana od-do

37-42

Název nakladatele

University of South Bohemia in České Budějovice

Místo vydání

České Budějovice

Místo konání akce

České Budějovice

Datum konání akce

1. 1. 2019

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

000507570400005