The Impact of R&D Investment and Physical Investment on Corporate Performance: An Empirical Examination of Taiwan IC Industry
碩士 === 國立清華大學 === 科技管理研究所 === 91 === This study is to examine the causal relationship of investment funding and corporate performance for Taiwan IC (Integrated Circuit) industry. The data is panel data consisting of cross-section units over a number of periods. The Dynamic Panel Data Mode...
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ndltd-TW-091NTHU02300242016-06-22T04:26:24Z http://ndltd.ncl.edu.tw/handle/12528201663277587143 The Impact of R&D Investment and Physical Investment on Corporate Performance: An Empirical Examination of Taiwan IC Industry 研發投資與一般投資對公司績效的影響─以台灣IC產業為例 Chang Yung-chieh 張詠傑 碩士 國立清華大學 科技管理研究所 91 This study is to examine the causal relationship of investment funding and corporate performance for Taiwan IC (Integrated Circuit) industry. The data is panel data consisting of cross-section units over a number of periods. The Dynamic Panel Data Model is adopted in the analysis. For the perspective of whole IC industry, the results show that neither physical investment nor R&D investment has significant impact on corporate performance. In addition, we divide the data into IC design group and IC manufacturing group and repeat the same analysis for each subgroup. The results indicate the key influencing factor is R&D investment for IC design houses, while the physical investment is more important influencing factor for IC manufacturing firms. Such results indicate that IC design houses are R&D-intensive type and IC manufacturing firms are physical investment-intensive type. Houn-Gee Chen Jow-Ran Chang 陳鴻基 張焯然 2003 學位論文 ; thesis 57 en_US |
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碩士 === 國立清華大學 === 科技管理研究所 === 91 === This study is to examine the causal relationship of investment funding and corporate performance for Taiwan IC (Integrated Circuit) industry. The data is panel data consisting of cross-section units over a number of periods. The Dynamic Panel Data Model is adopted in the analysis. For the perspective of whole IC industry, the results show that neither physical investment nor R&D investment has significant impact on corporate performance. In addition, we divide the data into IC design group and IC manufacturing group and repeat the same analysis for each subgroup. The results indicate the key influencing factor is R&D investment for IC design houses, while the physical investment is more important influencing factor for IC manufacturing firms. Such results indicate that IC design houses are R&D-intensive type and IC manufacturing firms are physical investment-intensive type.
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author2 |
Houn-Gee Chen |
author_facet |
Houn-Gee Chen Chang Yung-chieh 張詠傑 |
author |
Chang Yung-chieh 張詠傑 |
spellingShingle |
Chang Yung-chieh 張詠傑 The Impact of R&D Investment and Physical Investment on Corporate Performance: An Empirical Examination of Taiwan IC Industry |
author_sort |
Chang Yung-chieh |
title |
The Impact of R&D Investment and Physical Investment on Corporate Performance: An Empirical Examination of Taiwan IC Industry |
title_short |
The Impact of R&D Investment and Physical Investment on Corporate Performance: An Empirical Examination of Taiwan IC Industry |
title_full |
The Impact of R&D Investment and Physical Investment on Corporate Performance: An Empirical Examination of Taiwan IC Industry |
title_fullStr |
The Impact of R&D Investment and Physical Investment on Corporate Performance: An Empirical Examination of Taiwan IC Industry |
title_full_unstemmed |
The Impact of R&D Investment and Physical Investment on Corporate Performance: An Empirical Examination of Taiwan IC Industry |
title_sort |
impact of r&d investment and physical investment on corporate performance: an empirical examination of taiwan ic industry |
publishDate |
2003 |
url |
http://ndltd.ncl.edu.tw/handle/12528201663277587143 |
work_keys_str_mv |
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