A Study on Key Success Factors of Taiwanese Biotech Firms’ Performances
Date Issued
2014
Date
2014
Author(s)
Chen, Ying-Ruey
Abstract
As we look back to the industry development in Taiwan, the prosperity of IT industry contributes to Taiwan economy a lot. With IT industry, the competence of Taiwan becomes outstanding upon the whole world.
When we looking forward to the trend of the world, with population boom、decreased resource、climate change and aging society, the biotech industry are becoming more and more important. It’s not only because biotech industry are profitable, but also are the only way to solve the environmental problems.
Taiwan began to develop biotech industry after 1980s, and encourage it with some policies. But whether the policies would succeed or not, depends on how to adapt the past experience using to encourage IT industry. Biotech industry is same as IT industry in some ways, since both of it depends on R&D investments. Then, to examine the difference between biotech industry and IT industry, is the key object of this research.
This research’s database is from Taiwan Institute of Economic Research Yuan, and it collects 102 biotech firms in Taiwan in 2012. This research based from the theory of industrial economics, using econometric models to analyze the solution of the question mentioned above.
The outcome of the research can be concluded in four points:
1.Changes in the amount of employees have significant positive relation with the changes of turnover; there is mediation between R&D intensity and the amount of employees.
2.There are significant negative relations between R&D intensity and the changes of turnover; the turnover makes difference between firms higher or lower than 3% in R&D intensity.
3.The ratio of higher education degree employees have positive relations with the changes of turnover.
4.The elasticity between output and labor is higher than one.
Subjects
生物科技產業
研發密集程度
經營績效
人力資本
關鍵因素
Type
thesis
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