The Study of Fiscal Policy Instruments for Taiwan Film Production Industry

• Main Authors: CHEN, YIN-JENG, 陳胤錚
• Other Authors: CHIOU, CHANG-TAY
• Format: Others
• Language: zh-TW
• Published: 2018
• Online Access: http://ndltd.ncl.edu.tw/handle/64hg39

碩士 === 國立臺北大學 === 公共行政暨政策學系 === 106 === Film Industry is an industry which involved high capital and risk. During the funding process, the common problems it’s facing include financial information asymmetry, the instability of its profit pattern and the difficulty of valuating assets. These problems eventually make it difficult for the film industry to raise abundant budget. The study discusses fiscal policy instruments for film production industry, there are five types Fiscal Policy Instruments, including Subsidiary Policy of Taiwan Cinema, Tax Expenditures of Film Industry, Financing and Investment Policies of Film Industry, Go Incubation Board for Startup and Acceleration Firms, Crowdfunding. The study design two classifications about fiscal policy instruments. On one hand, the time of fiscal policy instrument making, the classification is based on American government implement JOBS Act, divide into “Traditional Fiscal Policy Instruments ” and “Emerging Fiscal Policy Instruments”.；On the other hand, three types fiscal policy instruments are based on the level of government-oriented or market-oriented, falling into three categories： “Government-oriented Fiscal Policy Instruments”, “Mix- oriented Fiscal Policy Instruments” and “Market-oriented Fiscal Policy Instruments”. In conclusion, the study compare with two classifications about fiscal policy instruments and Howlett & Ramesh developed “a spectrum of policy instruments” with the level of direct state involvement policy instruments. The study is based on the policy feasibility analysis as policy indicators of fiscal policy instruments for film production industry, three feasibility analysis include with “Administrative Feasibility Analysis”, “Economic Feasibility Analysis”, and “Industrial Feasibility Analysis”, then “In-Depth Interviews” and“Document Analysis” investigate the feasibility of fiscal policy instruments for film production industry. Eventually, the study have to sum up three classifications about fiscal policy instruments for film production industry, and the result of policy feasibility analysis. The study consider that mixed instruments/ Mix- oriented Fiscal Policy Instruments (Tax Expenditures of Film Industry, Financing and Investment Policies of Film Industry) didn’t carry out the effects which the policy was expected to. If Ministry of Culture would make the analysis report about “National box office information” and “Intangible Assets Valuation Mechanism” more comprehensive, solving the information asymmetry situation and establish the Intangible Assets Valuation Accounting Standards. These will help gathering the funds from financial agencies, profit-oriented business entities and professional management companies. Not only will it amplify the effect of mixed instruments/ Mix- oriented Fiscal Policy Instruments, but also enlarge the possibility of raising funds for the film industry.