Productivity Differences and Catch-Up Effects among Software as a Service Firms: A Stochastic Frontier Approach

摘要: Since its inception, SaaS market has been one of the fastest growing segments in software industry. It is fast becoming a serious consideration for enterprises all types and sizes. This paper attempts to measure productivity firms by adopting stochastic frontier approach. We define twostage empirical model examine catchup effects among firms, as well p erformance differences between traditional firms. In first stage, specified derive technical efficiency scores firms' productivity. second their growth rate are treated dependent variables regressed on firmlevel explanatory v ariables identify source effects. these two stages, serve benchmark. The findings our study may shed light business model.