資本支出、企業規模與研發投資對企業績效之影響

Capital Expenditures, Firm Size, and R&D Investment Impact on Enterprise Performance

邱世熒(Shih-Ying Chiu)

指導教授 ： 徐怡

國立虎尾科技大學/管理學院/經營管理研究所/碩士(2010年)

摘要

本研究主旨在於探討資本支出、企業規模與研發投資對企業績效的關聯性探討。本文運用歐盟統計局資料庫之數據進行分析，先利用相關分析檢定各變數項間之相關性，進而利用反應曲面模式找出每項自變數對應變數的影響與每兩項自變數在交互作用下對應變數的影響程度。在研究結果方面，資本支出、企業規模與研發投資對企業績效均有顯著的正向影響；而每兩自變數項在交互作用下對企業績效均有顯著的負向影響。類神經網路分析三項自變數與應變數之關係走向，資本支出與企業規模對企業績效關係，整體呈現正向走向；而研發投資對企業績效之關係走向卻是被排除於線性網路的模式1、2，在其他模式中則是顯示研發投資對企業績效之關係走向整體呈現正向走向。結論部份，實證結果配合過去學者文獻進行解釋及未來思考方向。未來研究方向則提出跨文化、跨區域運用，期望可修正、建構新架構模式。

關鍵字

資本支出 ； 企業規模 ； 研發投資 ； 企業績效

並列摘要

This study discussed the influence of the capital expenditures, firm size, and R&D investment on enterprise performance. This paper used the database of Eurostat to analyze correlation among all variables. Moreover, this paper used the response surface model to find the interaction of each two independent variables which impact on enterprise performance. The results of this study displayed capital expenditures, firm size, and R&D investment significantly positive impacted on enterprise performance. Moreover, the interactions of independent variables significantly negative impacted on enterprise performance. Neural network analysis relationship of three independent variables and the dependent. The relationship of capital expenditure and firm size on enterprise performance are positive in overall trendency. But the relationship of R & D investment on enterprise performance has been excluded from the linear network model 1and model 2. In the other mode, the relationship of R & D investment on enterprise performance is positive in overall trendency. The empirical results integrated the previous studies to suggest research topics for the future researchers. This study suggested that future research could focus on cross-cultural and cross-area differences. Therefore, this study expected to amend and construct the new structural model.

並列關鍵字

Capital Expenditures ； Firm Size ； R&D Investment ； Enterprise Performance

參考文獻

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