Innovation Efficiency of High-Tech SMEs Listed in China: Its Measurement and Antecedents

Table 4

Efficiency distribution of high-tech SMEs (2012–2015).

Efficiency distribution	2012	2013	2014	2015
1–5.0	9	8	14	18
0.8–0.999	0	8	7	5
0.6–0.799	9	18	18	15
0.4–0.599	47	61	59	35
0.2–0.399	134	123	123	134
0.0–0.199	52	33	30	47