Analysis of Technological Innovation Efficiency in Listed New Energy Vehicle Enterprises Under the Carbon Neutrality Framework Based on Two-Stage Dynamic Network DEA and a GRA Model

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Název: Analysis of Technological Innovation Efficiency in Listed New Energy Vehicle Enterprises Under the Carbon Neutrality Framework Based on Two-Stage Dynamic Network DEA and a GRA Model
Autoři: Zhihua Ruan, Zhikun Liu
Zdroj: World Electric Vehicle Journal, Vol 16, Iss 11, p 635 (2025)
Informace o vydavateli: MDPI AG, 2025.
Rok vydání: 2025
Sbírka: LCC:Electrical engineering. Electronics. Nuclear engineering
LCC:Transportation engineering
Témata: new energy vehicles, technological innovation efficiency, two-stage dynamic network (DEA), grey relational analysis (GRA), Electrical engineering. Electronics. Nuclear engineering, TK1-9971, Transportation engineering, TA1001-1280
Popis: Technological innovation and the efficiency of resource allocation in Chinese new energy vehicle enterprises represent critical factors influencing the sustainable development of the industry. By applying a two-stage dynamic network DEA model to analyze the comprehensive and stage-specific technological innovation efficiency of 13 A-share-listed new energy vehicle enterprises between 2017 and 2024, this study reveals that both overall and phase-specific innovation efficiencies remain below optimal levels. Moreover, the average technological R&D efficiency across these firms is found to be lower than their average achievement transformation efficiency, highlighting the urgent need to improve innovation performance in this sector. Grey relational analysis of influencing factors identifies six key determinants of technological innovation efficiency: the shareholding ratio of the largest shareholder, R&D investment intensity, the proportion of employees holding bachelor’s degrees or higher, management capability, return on equity, and total asset turnover. In comparison, government subsidies and total assets exhibit relatively limited influence on technological innovation efficiency.
Druh dokumentu: article
Popis souboru: electronic resource
Jazyk: English
ISSN: 2032-6653
Relation: https://www.mdpi.com/2032-6653/16/11/635; https://doaj.org/toc/2032-6653
DOI: 10.3390/wevj16110635
Přístupová URL adresa: https://doaj.org/article/b5b0ce0bb2514f78b7166cb888a68bfb
Přístupové číslo: edsdoj.b5b0ce0bb2514f78b7166cb888a68bfb
Databáze: Directory of Open Access Journals
Popis
Abstrakt:Technological innovation and the efficiency of resource allocation in Chinese new energy vehicle enterprises represent critical factors influencing the sustainable development of the industry. By applying a two-stage dynamic network DEA model to analyze the comprehensive and stage-specific technological innovation efficiency of 13 A-share-listed new energy vehicle enterprises between 2017 and 2024, this study reveals that both overall and phase-specific innovation efficiencies remain below optimal levels. Moreover, the average technological R&D efficiency across these firms is found to be lower than their average achievement transformation efficiency, highlighting the urgent need to improve innovation performance in this sector. Grey relational analysis of influencing factors identifies six key determinants of technological innovation efficiency: the shareholding ratio of the largest shareholder, R&D investment intensity, the proportion of employees holding bachelor’s degrees or higher, management capability, return on equity, and total asset turnover. In comparison, government subsidies and total assets exhibit relatively limited influence on technological innovation efficiency.
ISSN:20326653
DOI:10.3390/wevj16110635