Research On Efficiency Evaluation And Improvement Of Financial Resources Two-Stage Allocation In Research Universities

Research universities are the nucleus of "Double First-Class" construction.The effective allocation of research universities’ financial resources is conducive to the full play of their functions,which plays an important role in supporting the national innovation-driven development strategy,serving economic and social development,carrying forward the excellent traditional Chinese culture,cultivating and practicing the core socialist values,and accelerating achievement of connotative development of higher education.According to the phasic rule of knowledge output in research universities,this dissertation divides the allocation process of financial resources into two stages.Therefore,it chooses Efficiency Evaluation and Improvement of Financial Resources Two-Stage Allocation in Research Universities as research topic to provide reference for the financial resources allocation management of "Double First-Class" construction universities.Firstly,this dissertation arranges the main theoretical basis of the research.It defines the concept category of financial resources and the connotation of macro and micro allocation of financial resources in research universities,discusses the resource-based theory and the knowledge flow theory in financial resources allocation,and expounds the Pareto Optimality theory of resource allocation.In addition,it summarizes the researches of efficiency calculation methods,efficiency influencing factor analyses and efficiency improvement methods and puts forward the main problems to be solved in this research.Secondly,this dissertation establishes the basic theoretical model of it.By analyzing the characteristics of research universities,it expounds two levels connotation of financial resources allocation target.Based on this,this research constructs the two-stage theoretical model of financial resources allocation efficiency evaluation in research universities,which includs "intangible resources accumulation" stage and "functional results output" stage.According to a chain relational network Data Envelopment Analysis(DEA)model with shared inputs of the two-stage process,the efficiency calculation model is established.Thirdly,this dissertation constructs efficiency evaluation index system of financial resources allocation,containing initial input,intermediate output,and eventual output indicators.Moreover,it empirically evaluates the overall and the both stages relative efficiencies of financial resources allocation in China’s research universities and compares the network DEA method with the traditional DEA method.Fourthly,this dissertation explores the influence mechanism of financial resource users in the two allocation stages.Through a joint analysis of financial resources allocation process and the knowledge creation and dissemination rules in research universities,it establishes a theoretical framework of the decisive influence in financial resource users on the financial resource utilizations of two allocation stages.The empirical study analyses the actual performance of the decisive influence in financial resource users on financial resource utilizations by a Tobit regression method.Finally,based on the above research results,this dissertation explores the efficiency improvement paths of financial resources two-stage allocation in research universities.It divides research universities into four types according to their allocation efficiencies in two stages and puts forward five theoretical improvement paths of financial resources allocation efficiencies.Furthermore,the research uses the method of multi-case study to test feasibility of the theoretical paths.Ultimately,it obtains the improvement methods and suggestions of financial resources allocation efficiencies in research universities.The main innovations of this dissertation are as follows:Firstly,it constructs the two-stage theoretical model and calculation model of financial resources allocation efficiency evaluation in research universities.The existing studies only evaluated the overall efficiency by eventual outputs,that their results cannot reflect the situation of intermediate output efficiencies.In view of this deficiency,this dissertation takes intangible resources as the intermediate outputs in financial resources allocation.It expounds two levels connotation of financial resources allocation target,which is maximization of intangible resources accumulation and functional results output,according to the phasic rule of knowledge outputs in research universities.Based on this,the research constructs the two-stage theoretical model of financial resources allocation efficiency evaluation in research universities and the calculation model according to a chain relational network DEA model with shared inputs of the two-stage process.The empirical study of evaluation reflects the efficiency change trends of financial resources two-stage allocation in research universities and verifies the effectiveness and superiority of the efficiency calculation model based on network DEA by comparing it with the traditional DEA model.The research provides theoretical and algorithmic supports for the exploration on the efficiency variation rules in financial resources allocation process.Secondly,it reveals the influence mechanism of financial resource users on financial resource utilizations in the two allocation stages through the knowledge flow process promoted by them.Existing studies only phenomenal analyzed scattered influence factors of efficiency,that their results insufficient explanation of efficiency changes.In view of this deficiency,this dissertation joint analyses the financial resources allocation process and the knowledge flow process and identifies the decisive influence of financial resource users’heterogeneous characteristics.It establishes the theoretical framework of financial resource users’ influence on financial resource utilizations and the econometric analysis model based on a three-stage DEA and a Tobit regression.The empirical study reveals the situation that financial resource users have positive,negative and insignificant influences on the financial resource utilizations,due to the internal and utilized differences of their knowledge reserves and knowledge flow promotion abilities.The research makes use of the knowledge flow theory to improve the systematicness and scientificity of the studies on the influence factors analysis of financial resources allocation efficiency.Thirdly,It validates the feasibility of the theoretical efficiency improvement paths based on the transformation of research universities’ efficiency types in financial resources allocation.The existing studies are limited to normative discussion of efficiency improvement methods,that the suggestions they provided are much less applicable.In view of this deficiency,this dissertation classifies the types of financial resources allocation efficiencies in research universities according to the efficiency evaluation results of two allocation stages.It puts forward theoretical improvement paths based on efficiency types transformation with the decisive influence of financial resource users.The empirical study of multi-case validates the feasibility of the theoretical improvement paths and reveals that improving the allocation efficiency in functional results output stage is the premise of it in intangible resources accumulation stage.The research proposes improvement methods and suggestions from financial resource users management that plays a decisive role and provides decision supports for research universities choosing paths and establishing methods to improve financial resources allocation efficiencies.