Volume 29, Issue 3
DOI: 10.24205/03276716.2020.942
Research on CVC Performance Evaluation in Shandong Province
Abstract
More and more attention has been paid to CVC. However, there are few literatures that study the performance of CVC from the perspective of entrepreneurial enterprises. In this paper, CVC performance indicator system is established according to CVC motivation of investment enterprises, and DEA analysis is carried out after dimension reduction by factor analysis. From the perspective of entrepreneurial companies, the main reason for the poor performance of CVC in Shandong province is the low scale efficiency, followed by the need to further improve the pure technical efficiency. In order to improve the performance of Shandong entrepreneurial enterprises, we should adjust the scale of investment and further improve the efficiency of internal resource utilization.
Keywords
CVC, performance, DEA, entrepreneurial companies.