The Research of Taiwan IC Designers’ Production Performance Affected by Industry Policy and Globalization

• Main Authors: Eddie Wei, 魏宏政
• Other Authors: Jin-Li Hu
• Format: Others
• Language: zh-TW
• Published: 2005
• Online Access: http://ndltd.ncl.edu.tw/handle/62925529373785460739

碩士 === 國立交通大學 === 管理學院碩士在職專班經營管理組 === 93 === This thesis studies the efficiency and productivity of thirty-five Tawan’s IC design houses listed on TWSE and OTC. There are a single output (net sales revenue) and three inputs (includes labor force, capital input and R&D expenditure). In addition to output and inputs variable; three environment variables (included the tax deduction, the enterprise globalization degree and business capital structure) are taken into account to see how they affect inefficiency of firms. A 1998-2003 panel data set is eatblished. Although the firms’ amount only acoount for 12% of the whole IC design firms, they contributed 92.8% of this industry’s sales revenue. We use data envelopment analysis (DEA) find out the returns to scale of these firms (CRS, IRS or DRS) and compute their overall technical efficiency (OTE), pure technical efficiency (PTE), and scale efficiency (SE). We also use Malmquist-DEA model to obtain productivities of these Taiwan IC design houses. We then run Tobit regressions to estimate how environmental variables affect inefficiency. Our major findings are as follows: (1) Tax deduction cannot reduce inefficiency in Taiwan’s IC design industry. (2) Inefficiency and globalization (exporting ratio) has a significant U-shaped relation. Other things being equal, inefficiency is minimized at the exporting ratio of 63%. (3) Inefficiency and globalization liability ratio has a significant U-shaped relation. Other things being equal, inefficiency is minimized at the libability between 45.9%. (4) The best industrial policy is to open and deregulate the market, in order to encourage the firms’ globalization. (5) A moderate financial pressure can also help efficiency.