研發強度、資本支出及創新速度對企業經營績效之影響－以半導體設備產業為例

Abstract

台灣有著科技島的美譽，而其中又以半導體產業為主，為台灣重點發展計劃中二兆雙星產業之一；台灣主要的公司都著墨在半導體的生產製造，或是後段的封裝測試，但對最上游的半導體設備產業投入甚少，其商機每年超過400億美元，台灣應著手投入半導體設備產業的開發。本研究以全球前十大半導體設備供應商為對象，探討企業的研發支出、資本支出以及創新速度對於企業經營績效所產生的影響。透過面板資料模型進行迴歸分析來研究不同變數對五項企業經營績效之影響，並將實證結果與發現提出綜合建議，以提供相關學術研究或供以台灣欲跨入半導體設備產業之企業參考之用。

The semiconductor industry is the major industry in Taiwan, so Taiwan is also called as island of high technology. The semiconductor industry is one of key development project of “two thousand billion & two star industry” in Taiwan. Most of semiconductor companies focus on wafer manufacturing or packaging and testing in back-end process in Taiwan, so they do not invest too much money on semiconductor equipment industry that contribute about forty billion us dollar revenue every year. So, semiconductor companies need to invest more money on equipment industry. This study focuses on top 10 semiconductor equipment suppliers in global to probe into the effects of R&D intensity, capital expenditure and innovation speed on enterprise performance. The research methodology use regression analysis by panel data model to figure out the differentiation on 3 factors. This research is empirical analysis and provides the operational recommendation to the new semiconductor equipment company in Taiwan.