投資台灣三大方案之中小企業加速投資專案貸款成效探究：以P公司為例

早期部分企業基於稅賦考量，而以各種形式在台灣以外之區域開立海外帳戶(OBU)或成立境外公司等，將其營業或個人所得存放於台灣境外。適逢2018年3月美中貿易戰開打，台灣政府趁此契機，除設立專法鼓勵境外資金回台外，並於2019年7月1日實施「投資臺灣三大方案」，以提供土地租金優惠、專案貸款等優惠補貼措施，並指定由投資臺灣事務所擔任統一服務窗口，期使返鄉臺商及在地企業（包括中小企業）均能以最快速度因應美中貿易戰及新冠肺炎導致全球供應鏈重組之發生，加速台灣產業轉型升級，藉以促進經濟之發展。本研究係以通過「投資台灣三大方案」中之「中小企業加速投資方案」專案貸款資格並取得銀行貸款，進而獲得政府補貼為研究對象，為求研究資料之客觀性及周延性，本研究除採個案訪談外，並輔以問卷調查方法，作為論證上之佐證來探討政府補貼對企業績效及投資意願的影響。經實證資料分析，政府的補貼行為與企業發展或加速投資行為呈正相關，並獲致三項結論如次：一、政府欲達成其政策目的需要相關單位的配合。二、企業普遍認為政府實施補貼對企業發展是正向。三、政府明確的政策指導及補貼措施下有效提升企業投資意願。關鍵字：美中貿易戰、投資臺灣三大方案、中小企業加速投資方案、政府補貼、企業績效。

關鍵字

美中貿易戰；投資臺灣三大方案；中小企業加速投資方案；政府補貼；企業績效

並列摘要

In the early days, some enterprises opened an overseas account (OBU) or established an overseas company in various forms outside Taiwan based on tax considerations and deposited their business or personal income outside Taiwan. Coinciding with the start of the US-China trade war in March 2018, the Taiwan government took this opportunity to establish a special law to encourage overseas funds to return to Taiwan, and on July 1, 2019, implemented the "Three Investing Programs in Taiwan" to provide land rents Preferential subsidy measures such as concessions and project loans, and designated investment Taiwan offices as a unified service window, so that returning Taiwanese businessmen and local enterprises (including small and medium-sized enterprises) can respond to the US-China trade war and the new crown pneumonia as quickly as possible This has led to the reorganization of the global supply chain and accelerated the transformation and upgrading of Taiwan's industries, thereby promoting economic development. The purpose of this research is to obtain government subsidies through the project loan qualification of the " Accelerated Investment Loans for SMEs " in the " A Study of Impact of Three Major Programs for Investing in Taiwan " and obtain government subsidies as the research object. In addition to individual interviews, questionnaires are used as evidence to discuss the impact of government subsidies on corporate performance and investment willingness. Through empirical data analysis, the government's subsidy behavior is positively related to the early or accelerated investment behavior of enterprises, and three conclusions are drawn as follows: 1. The government needs the cooperation of relevant units to achieve its policy goals. 2. Enterprises generally believe that the implementation of government subsidies is positive for enterprise development. 3. Under the government's clear policy guidance and subsidy measures, the willingness of enterprises to invest can be effectively improved. Keywords: US-China trade war, A Study of Impact of Three Major Programs for Investing in Taiwan, Accelerated Investment Loans for SMEs, government subsidies, and corporate performance.