Education is the foundation for the development of national endeavors. As an important part of China’s education system, undergraduate education is one of the sources that constitute new quality productivity. This study constructs a performance evaluation system for undergraduate education based on principal component analysis (PCA) and data envelopment analysis (DEA), and conducts a systematic research on the innovation of undergraduate education model driven by industry-teaching integration and smart campus system under the framework of new quality productivity. A multidimensional evaluation index system containing educational inputs and educational outputs was first constructed, and the PCA method was applied to downsize the original indexes, streamlining the input indexes into four principal components and the output indexes into three principal components, with the cumulative variance contribution rates reaching 76.37% and 77.59%, respectively. The CCR and BCC models of DEA were then applied to empirically analyze the undergraduate education performance of 12 comprehensive colleges and universities directly under the Ministry of Education. The results show that 6 colleges and universities reach the absolute efficiency of DEA, the average value of comprehensive efficiency is 0.923, and there is a waste of resources of 0.077; the analysis of scale efficiency shows that 2 colleges and universities are in the state of diminishing returns to scale, and 4 colleges and universities are in the state of increasing returns to scale. Through truncated regression modeling, it was found that physical resource inputs have a significant positive facilitating effect on the scale efficiency of undergraduate education in colleges and universities, while teaching and learning support services show a significant negative inhibiting effect. The findings of the study provide decisionmaking references for optimizing the allocation of undergraduate education resources, promoting the deep integration of industry and education, and improving education quality.
