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題名 Patent Citation R&D Spillover Absorptive Capacity and Firm Performance: Evidence from Taiwan Semiconductor Industry
作者 金成隆;Phil Picheng Lee;Hsin-Yi Chi;Asokan Anandarajan
貢獻者 Pace University
關鍵詞 patent citation;R&D spillover;Tobin`s Q
日期 2005
上傳時間 23-Dec-2008 15:05:07 (UTC+8)
摘要 Although prior research has examined the effect of patent citations on Tobin`s Q in a variety of environments, in this study we examine whether the parameters are affected by stage of a company in the value chain. Unlike other national semiconductor firms, Taiwanese semiconductor firms typically specialize in one of the value-added activities, namely, either design or manufacturing or packaging and testing. Our finding is that the effect of patent citation on Tobin`s Q is accentuated when the firm is at the front end of the value chain and diminishes as we proceed to the back end. This finding is novel in the literature. We also find that frequency of patent citations and R&D spillover are positive and significant in relation to Tobin`s Q. In addition, the effect of R&D spillover on Tobin`s Q is more pronounced for firms in the design sector relative to other sectors.
關聯 The 2nd AIMA WORLD Conference on management accounting research,Review of Quantitative Finance and Accounting, 26(1), 67-84
資料類型 conference
DOI http://dx.doi.org/10.1007/s11156-006-7034-1
dc.contributor Pace Universityen_US
dc.creator (作者) 金成隆;Phil Picheng Lee;Hsin-Yi Chi;Asokan Anandarajanzh_TW
dc.date (日期) 2005en_US
dc.date.accessioned 23-Dec-2008 15:05:07 (UTC+8)-
dc.date.available 23-Dec-2008 15:05:07 (UTC+8)-
dc.date.issued (上傳時間) 23-Dec-2008 15:05:07 (UTC+8)-
dc.identifier.uri (URI) https://nccur.lib.nccu.edu.tw/handle/140.119/18610-
dc.description.abstract (摘要) Although prior research has examined the effect of patent citations on Tobin`s Q in a variety of environments, in this study we examine whether the parameters are affected by stage of a company in the value chain. Unlike other national semiconductor firms, Taiwanese semiconductor firms typically specialize in one of the value-added activities, namely, either design or manufacturing or packaging and testing. Our finding is that the effect of patent citation on Tobin`s Q is accentuated when the firm is at the front end of the value chain and diminishes as we proceed to the back end. This finding is novel in the literature. We also find that frequency of patent citations and R&D spillover are positive and significant in relation to Tobin`s Q. In addition, the effect of R&D spillover on Tobin`s Q is more pronounced for firms in the design sector relative to other sectors.en_US
dc.format application/en_US
dc.language enen_US
dc.language en-USen_US
dc.language.iso en_US-
dc.relation (關聯) The 2nd AIMA WORLD Conference on management accounting research,Review of Quantitative Finance and Accounting, 26(1), 67-84en_US
dc.subject (關鍵詞) patent citation;R&D spillover;Tobin`s Qen_US
dc.title (題名) Patent Citation R&D Spillover Absorptive Capacity and Firm Performance: Evidence from Taiwan Semiconductor Industryen_US
dc.type (資料類型) conferenceen
dc.identifier.doi (DOI) 10.1007/s11156-006-7034-1-
dc.doi.uri (DOI) http://dx.doi.org/10.1007/s11156-006-7034-1-