Intellectual Capital and Firm Performance of IC Design Companies in Taiwan

碩士 === 國立成功大學 === 企業管理學系碩博士班 === 92 === Firms gain competitive advantage and superior performance through the acquisition, holding and subsequent use of strategic assets - both tangible and intangible assets. In the face of an intensely competitive environment, firms are challenged with the task of...

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Bibliographic Details
Main Authors: Kuei-Yang Cheng, 鄭貴揚
Other Authors: Wann-Yih Wu
Format: Others
Language:en_US
Published: 2004
Online Access:http://ndltd.ncl.edu.tw/handle/30761447663325760795
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Summary:碩士 === 國立成功大學 === 企業管理學系碩博士班 === 92 === Firms gain competitive advantage and superior performance through the acquisition, holding and subsequent use of strategic assets - both tangible and intangible assets. In the face of an intensely competitive environment, firms are challenged with the task of managing and leveraging intellectual capital. Although the importance of intellectual capital in assuring superior performance is well accepted, few studies have investigated the nature of relationship between those two variables. The objective of this study is to focus on the efficiency of firms at converting intellectual capital stocks into performance. The purposes of this study are: (1). to establish an assessment model to measure the intellectual capital stocks of Taiwan IC design companies, (2). to evaluate and compare the performances of 41 IC design companies, and (3). to examine the efficiency change of 41 IC design companies from 1999 to 2002. This study adopted data envelopment analysis (DEA) and the Malmquist productivity index to measure the performances of 41 Taiwan IC design companies in 2002 and the efficiency change from 1999 to 2002. The results revealed that about one third of the companies have excellent efficiency of managing intellectual capital. But the efficiency of two thirds of companies is getting worse from 1999 to 2002. Moreover, the entire industry can be partitioned into six clusters based on relative efficiency of managing intellectual capital and efficiency change. It is expected this study can provide useful information for future research in alternative contexts.