A Study of Intangible Investment and Its Performance–Evidence from Electronic Industry in Taiwan
Date Issued
2015
Date
2015
Author(s)
Liu, Hao-Chung
Abstract
Using the Taiwan 2006 and 2011 Industry, Commerce and Service Census, first, we examine the relationship between intangible investment and the firm’s productivity of electronic industry in Taiwan. Because of the nature of panel data, we use pooling, random effect and fixed effect model to estimate statistics. We found that intangible investment indeed positively affect the firm’s productivity in Taiwan but the extent of impact is not like tangible assets. Moreover, we also found that intangible investment is more and more important over time. Second, we studied the relationship between intangible investment and innovation performance. We use if firms set up their own brand or not to measure firms’ innovation performance. With binary choice model we found that intangible investment is positively significant affect the willingness of setting up a brand.
Subjects
intangible investment
innovation
brand
panel data
binary choice model
Type
thesis