Study on Efficiency and Influencing Factors of Techfin in Shandong Province
The effective combination of techfin is an important engine to achieve innovation-driven development and enhance regional comprehensive competitiveness.On the basis of establishing the evaluation index system of the efficiency of techfin,the DEA model is used to analyze the efficiency of techfin in Shandong Province from 2008 to 2021.The results show that the efficiency of techfin in Shandong Province is not high,but it is on the rise.At the same time,comparing the efficiency of techfin of Shandong province with that of Jiangsu Province and Guangdong Province,the results show that there is a big gap between the efficiency of techfin of Shandong Province and the two provinces.On this basis,the Tobit model is established according to the comprehensive efficiency of techfin measured by DEA model,and the factors that may affect the efficiency of techfin are empirically analyzed.Finally,based on the results of empirical analysis,the paper puts forward feasible suggestions for improving the efficiency of techfin in Shandong Province.
efficiency of techfindata envelopment analysis(DEA)Tobit model