Performance Evaluation of Public Research Institutes Using Principal Component Analysis

Abstract

Public research institutes are the organisations, which carry out scientific research and render technological services. Owing to the phenomenon of globalisation, resource constrains and increased accountability, public research institutes, especially in the developing countries, are under tremendous pressure to improve their performance.The need to improve performance of these organizations necessities evaluating the performance of the institution in relation to other institutes. In this study, public research institutes are considered as systems and some models based on statistical concepts are utilized to

compare performance of different research institutes by measuring productivity index of those institutes. Performance ranking is done, based on productivity index values. Ranks obtained with the study are also compared with those of the experts judgment for studying the accuracy of the methodologies.