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題名 臺、日、韓、美四國IC設計產業效率分析
Measuring the Efficiency of Taiwan, Japan, South Korea and U.S. IC design firms: a stochastic frontier approach作者 吳上豪 貢獻者 黃台心
Huang, Tai-Hsin
吳上豪關鍵詞 IC設計
創新
生產函數
技術效率
IC design
Innovation
Technical efficiency
Production function日期 2019 上傳時間 7-Aug-2019 16:09:59 (UTC+8) 摘要 半導體產業在科技進步與產業發展中，扮演火車頭的角色，對於促進一國經濟快速發展極為重要。其中，上游的IC設計產業又是拉動整個半導體產業創新的關鍵，如何抓準趨勢，並有效利用有限的資源，達到效率的極大化，一直是各企業與經理人員極力追求的理想境界。本文針對全世界IC設計產業居領導地位的臺灣、中國、日本、韓國和美國等五國，收集1999-2016年間上市櫃公司別資料，估計此產業的生產邊界函數，進而分析與比較樣本期間內，這五國IC設計廠商技術效率的差異與趨勢變化，並分析背後可能的影響因素。實證分析結果，發現在IC設計產業中，33%攤銷率之估計結果最為合理，也與其他文獻之效率值接近。從美國與臺灣隨時間下降的營業銷售淨額，推測IC設計產業由於進入門檻相對較低的特性，而有越來越多相關的企業林立，所以發現美國與臺灣兩國樣本中的營業銷售淨額有緩步下降之趨勢。最後，研發支出占GDP之比例，與效率前緣之產出值呈現正相關，說明在研發支出對於各國最大產出有重要之影響；但是總資產對於產出有正向影響，說明IC設計產業雖然被稱為「輕」資產產業，資本龐大可能仍為優勢。
Semiconductor industry has played an important role in driving world-wide economic growth. It is known that the integrated circuit design(fabless) sector is the upstream of the semiconductor industry, which prompts innovations of the industry to the next level. Faced with keen competition the managers of IC firms have to adopt new innovations to improve their production efficiency and involve research and development in order to be viable. IC companies in Taiwan, China, South Kores, Japan, and the U.S are the five leading countries around the world. This paper compiles data for listed IC companies from the five countries spanning 1999-2016 and estimates and compares their technical efficiency, under the framework of the metafrontier production function, proposed by Huang, Huang, and Liu (2014). We find that the amortization rate of the R&D expenses in IC design industry 33% most reasonable by yield elasticity and efficiency compared to other literature. And due to more and more establishment of IC design companies, we find that Taiwan and USA have slightly decline in net operating sales on average. Last but no least, how much R&D occupied GDP positively affect the maximum outcome of the IC design industry. Total assets poses a positive effect on net operating sales, which implies that IC design industry (so called “light industry”) companies have advantages when its total assets is large.參考文獻 Parasuraman and Linda Marian Zeren (1983), R&D`s Relationship with Profits and Sales, Research Management, 26(1), 25-28. DOI: 10.1080/00345334.1983.11756765Adkins C Lee and Moomaw L Ronald (2003), The Impact of Local Funding on the Technical Efficiency of Oklahoma School, Economics Letters, 81(1): 31–37. DOI: 10.1016/S0165-1765(03)00161-7Ana Maria Santacreu (2015), Innovation, Diffusion, and Trade: Theory and Measurement, Journal of Monetary Economics, 75, 1-20. 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DOI: 10.6277/ter.2002.301.2魏宏政 (2005)，產業政策與國際化對國內IC設計業之經營績效評估研究，交通大學經營管理研究所碩士論文蘇文祥 (2004)，利用資料包絡法進行智慧資本評估之研究，中原大學資訊管理研究所碩士論文。 描述 碩士
國立政治大學
金融學系
104352006資料來源 http://thesis.lib.nccu.edu.tw/record/#G0104352006 資料類型 thesis dc.contributor.advisor 黃台心 zh_TW dc.contributor.advisor Huang, Tai-Hsin en_US dc.contributor.author (Authors) 吳上豪 zh_TW dc.creator (作者) 吳上豪 zh_TW dc.date (日期) 2019 en_US dc.date.accessioned 7-Aug-2019 16:09:59 (UTC+8) - dc.date.available 7-Aug-2019 16:09:59 (UTC+8) - dc.date.issued (上傳時間) 7-Aug-2019 16:09:59 (UTC+8) - dc.identifier (Other Identifiers) G0104352006 en_US dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/124726 - dc.description (描述) 碩士 zh_TW dc.description (描述) 國立政治大學 zh_TW dc.description (描述) 金融學系 zh_TW dc.description (描述) 104352006 zh_TW dc.description.abstract (摘要) 半導體產業在科技進步與產業發展中，扮演火車頭的角色，對於促進一國經濟快速發展極為重要。其中，上游的IC設計產業又是拉動整個半導體產業創新的關鍵，如何抓準趨勢，並有效利用有限的資源，達到效率的極大化，一直是各企業與經理人員極力追求的理想境界。本文針對全世界IC設計產業居領導地位的臺灣、中國、日本、韓國和美國等五國，收集1999-2016年間上市櫃公司別資料，估計此產業的生產邊界函數，進而分析與比較樣本期間內，這五國IC設計廠商技術效率的差異與趨勢變化，並分析背後可能的影響因素。實證分析結果，發現在IC設計產業中，33%攤銷率之估計結果最為合理，也與其他文獻之效率值接近。從美國與臺灣隨時間下降的營業銷售淨額，推測IC設計產業由於進入門檻相對較低的特性，而有越來越多相關的企業林立，所以發現美國與臺灣兩國樣本中的營業銷售淨額有緩步下降之趨勢。最後，研發支出占GDP之比例，與效率前緣之產出值呈現正相關，說明在研發支出對於各國最大產出有重要之影響；但是總資產對於產出有正向影響，說明IC設計產業雖然被稱為「輕」資產產業，資本龐大可能仍為優勢。 zh_TW dc.description.abstract (摘要) Semiconductor industry has played an important role in driving world-wide economic growth. It is known that the integrated circuit design(fabless) sector is the upstream of the semiconductor industry, which prompts innovations of the industry to the next level. Faced with keen competition the managers of IC firms have to adopt new innovations to improve their production efficiency and involve research and development in order to be viable. IC companies in Taiwan, China, South Kores, Japan, and the U.S are the five leading countries around the world. This paper compiles data for listed IC companies from the five countries spanning 1999-2016 and estimates and compares their technical efficiency, under the framework of the metafrontier production function, proposed by Huang, Huang, and Liu (2014). We find that the amortization rate of the R&D expenses in IC design industry 33% most reasonable by yield elasticity and efficiency compared to other literature. And due to more and more establishment of IC design companies, we find that Taiwan and USA have slightly decline in net operating sales on average. Last but no least, how much R&D occupied GDP positively affect the maximum outcome of the IC design industry. Total assets poses a positive effect on net operating sales, which implies that IC design industry (so called “light industry”) companies have advantages when its total assets is large. en_US dc.description.tableofcontents 第一章 前言 2第一節 研究背景 2第二節 研究動機 5第三節 研究目的 5第四節 研究流程 6第二章 文獻回顧 6第一節 技術效率研究方法 6第二節 半導體業經營效率 7第三節 不同群組間之效率比較 25第三章 研究方法 26第四章 資料整理與分析 27第一節 資料整理 28第二節 資料分析 30第五章 實證分析 31第一節 迴歸係數估計結果 31第二節 效率分析 41第六章 結論與建議 44附錄 45參考文獻 52 zh_TW dc.format.extent 1477203 bytes - dc.format.mimetype application/pdf - dc.source.uri (資料來源) http://thesis.lib.nccu.edu.tw/record/#G0104352006 en_US dc.subject (關鍵詞) IC設計 zh_TW dc.subject (關鍵詞) 創新 zh_TW dc.subject (關鍵詞) 生產函數 zh_TW dc.subject (關鍵詞) 技術效率 zh_TW dc.subject (關鍵詞) IC design en_US dc.subject (關鍵詞) Innovation en_US dc.subject (關鍵詞) Technical efficiency en_US dc.subject (關鍵詞) Production function en_US dc.title (題名) 臺、日、韓、美四國IC設計產業效率分析 zh_TW dc.title (題名) Measuring the Efficiency of Taiwan, Japan, South Korea and U.S. IC design firms: a stochastic frontier approach en_US dc.type (資料類型) thesis en_US dc.relation.reference (參考文獻) Parasuraman and Linda Marian Zeren (1983), R&D`s Relationship with Profits and Sales, Research Management, 26(1), 25-28. 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