Synergy Effects of Innovation Capital and Human Capital in Taiwan’s Semiconductor Industry

2010 ◽  
Author(s):  
Cheng-Jen Huang
Keyword(s):  
Human Capital ◽  
Semiconductor Industry ◽  
Synergy Effects ◽  
Innovation Capital

scholarly journals The Influence of R&D Intensity on Financial Performance: The Mediating Role of Human Capital in the Semiconductor Industry in Taiwan

2020 ◽  
Vol 12 (12) ◽  
pp. 5128
Author(s):  
Tsung-Chun Chen ◽  
Yenchun Jim Wu
Keyword(s):  
Human Capital ◽  
Financial Performance ◽  
Capital Investment ◽  
Performance Metrics ◽  
Intangible Assets ◽  
Semiconductor Industry ◽  
Value Added ◽  
Positive Influence ◽  
High Tech ◽  
The Relationship

Knowledge transfer is a strategy used by high-tech companies to acquire new knowledge and skills. Knowledge can be internally generated or externally sourced. The access to external knowledge is a quick fix, but the risks associated with reliance on external sources are often overlooked. However, not acquiring such knowledge is even riskier. There have been a slew of litigations in the semiconductor industry in recent years. The acquisition and assurance of intangible assets is an important issue. This paper posits that internal R&D should take into consideration the knowledge intensity and capital investment in the industry. This study focuses on the relationship between intangible assets and financial performance. It sourced the 2004 to 2016 financial data of semiconductor companies in Taiwan for panel data modeling and examined case studies for empirical validation. This study found that the higher the R&D intensity (RDI) in the value-added component of human capital, the better the financial performance of the company. RDI has a positive influence on the accumulation of human capital and financial performance metrics, and such influence is deferred. Meanwhile, human capital is a mediating factor in the relationship between RDI and financial performance. RDI is integral to the semiconductor industry’s pursuit of business sustainability.

scholarly journals Fundamental valuation of extra-financial information

2010 ◽  
Vol 8 (1) ◽  
pp. 296-320
Author(s):  
Christian Mandl ◽  
Sebastian Lobe ◽  
Klaus Röder ◽  
Martina Dürndorfer
Keyword(s):  
Corporate Governance ◽  
Human Capital ◽  
Stock Prices ◽  
Earnings Forecasts ◽  
Financial Information ◽  
Stock Performance ◽  
Public Firms ◽  
Market Values ◽  
European Public ◽  
Innovation Capital

We augment seminal models based on Ohlson (1995) by integrating the value impact of ratings related to three different extra-financial categories, i. e. corporate governance, human capital, and innovation capital. By integrating extra-financial information in valuation models, we examine whether current market values can be better estimated and future stock performance better predicted when considering this information. For a sample of large European public firms, we find that a model including human capital information and analysts’ earnings forecasts best explains current stock prices. Our model based on human capital information (without analysts’ forecasts) best identifies under- and overvalued companies.

Innovation and the Value of Human Capital in a Collegiate Setting

2016 ◽  
pp. 249-274
Author(s):  
Rachel Erin Johnson
Keyword(s):  
Human Capital ◽  
Front Line ◽  
Academic Unit ◽  
Non Profit ◽  
University Of Wisconsin ◽  
Crucial Component ◽  
Innovation Practices ◽  
The University ◽  
Innovation Capital

This case study illustrates the value of intellectual capital measurement, specific to human capital and innovation capital within an academic unit at a University of Wisconsin System campus. Within the case study, the academic unit was audited for their innovation practices and then examined to identify the value of human capital on their front line employees. Innovation continues to be a crucial component within academia as well as organizations in general to provide a competitive advantage. Understanding the value front line employees brings to a non-profit organization in academia continues to be a growing concern for many Universities'. The case study contains three parts; an innovation audit, several models and formulas to understand the value of human capital within a particular academic unit, and an overall conclusion and recommendation will be given for the current academic unit at the University of Wisconsin System campus.

INTANGIBLE ASSETS REPORTING

2012 ◽  
Vol 01 (11) ◽  
pp. 70-73
Author(s):  
Maryam Ghamari ◽  
Mojtaba Saeidinia ◽  
Mehrsa Hashemi ◽  
Mohammadreza Aghaei
Keyword(s):  
Human Capital ◽  
Research And Development ◽  
Brand Equity ◽  
Intangible Assets ◽  
Innovation Capital

The purpose of this study is to investigate concerning intangible assets reporting, it is stable roots of organization’s success, and how they evaluate and report in the accounting. There are some of the problems in reporting of intangible assets causes for some of the investors, regulators, analysts and etc. in this survey mentioned to some of the recommendations for system of intangible assets reporting. It purposes that companies should measure information relevant to their intangible assets accurately. In this study explore set of intangible assets very valuable such as research and development (R&D), human capital; brand equity and innovation capital that focus on every which can enhance sustainable of the companies.

scholarly journals Pengaruh Sumber Daya Finansial, Aset Tidak Berwujud dan Keunggulan Bersaing yang Berimplikasi Terhadap Kinerja Usaha Mikro, Kecil dan Menengah di Lombok NTB

2017 ◽  
Vol 11 (2) ◽  
pp. 151-158
Author(s):  
Ahmad Fauzi ◽  
Budi Suharjo ◽  
Muhammad Syamsun
Keyword(s):  
Human Capital ◽  
Financial Performance ◽  
Competitive Strategy ◽  
Financial Resource ◽  
Partial Least Square ◽  
Least Square ◽  
Financial Resources ◽  
Intangible Asset ◽  
Customer Capital ◽  
Innovation Capital

The research analyzes the financial resources, intangible assets (innovation capital, human capital, and customer capital), competitive advantage and financial performance, also analyzing its effect and analyzing business feasibility from the point view of Net Present Value (NPV), Profitability Index (PI), Payback Period (PP) and Internal Rate of Return (IRR) on cow commodities, corn and seaweed (PIJAR). The method used is qualitative and quantitative, the respondent are choose by purposive sampling with the criteria of SME which conduct their business on cow commodities, corn and seaweed at Lombok NTB Region. This research is using the Partial Least Square (PLS) analysis which is a statistical method on varian basis. The research results obtained by the Financial Resource Capacity has well sufficient capacity of (3.29), Intangible Asset have well sufficient capacity of (3.86), well good for Competitive Strategy Excellence Cost of (3.92) and quite good Financial Performance. The influence among variables on the seaweed commodities : (1) Financial Resource does not affect the financial performance and price competitive competition, so the financial resources capacity is well good, although its not yet able to contribute on the financial performance; (2) Innovation capital affect on financial performances but do not affect on competitive strategy; human capital affect on the financial performance and competitive strategy; customer capital affect on the financial performance and competitive strategy; and (3) The business feasibility for PIJAR commodities are very well based on the view point of NPV, PP, PI and IRR.

Measuring Science & Technology in Panama

2010 ◽  
pp. 55-75 ◽  
Author(s):  
Yuan-Chieh Chang ◽  
Carlos Kan
Keyword(s):  
Developing Countries ◽  
Human Capital ◽  
Intellectual Capital ◽  
Technology Policy ◽  
Science And Technology Policy ◽  
Policy Implications ◽  
Steady Increase ◽  
National Science ◽  
Indigenous Innovation ◽  
Innovation Capital

This chapter examines the notion of national intellectual capital, which could bring new insights to the existing national science and technology policy thinking. This notion leads that the chapter proposes a framework to measure national intellectual capital, and the investigation based on the framework was applied in Panama. The results revealed that the Panamanian intellectual capital faces the decreasing supply of human capital in S&T field, the service-dominant market capital, weaker and less indigenous innovation capital, and a steady increase of process capital. Some intellectual capital policy implications are drawn for Panama and other developing countries.

Intellectual capital and firm efficiency of US multinational software firms

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Ncamsile Ashley Nkambule ◽  
Wei-Kang Wang ◽  
Irene Wei Kiong Ting ◽  
Wen-Min Lu
Keyword(s):  
Human Capital ◽  
Intellectual Capital ◽  
Multinational Companies ◽  
Firm Efficiency ◽  
Content Type ◽  
Software Firms ◽  
The Us ◽  
Software Firm ◽  
Customer Capital ◽  
Innovation Capital

PurposeThe main purpose of this study is to empirically investigate the impact of intellectual capital efficiency on US multinational software companies' performance from 2012 to 2016 by applying data envelopment analysis (DEA).Design/methodology/approachIt adopts a new slacks-based measure (SBM) to obtain a more accurate performance estimation and rank between companies. Regression analysis is used to test the overall IC and each of its elements (Human Capital, Innovation Capital, Process Capital and Customer Capital).FindingsThe univariate result shows that multinational companies are more efficient than non-multinational companies. However, the regression result shows that multinationality can hardly explain the firm efficiency of software firms. Another interesting finding is that intellectual capital has a positive and significant impact on software firm performance in the US human capital influences firm efficiency directly. However, when human capital is combined with the other elements of IC, the contribution of human capital becomes less significant. This is because people may think that innovation capital, process capital and customer capital can replace human capital, but it is not. In short, human capital may affect firm efficiency through other elements of IC (innovation capital, process capital and customer capital) as it is the base of other elements.Research limitations/implicationsThe results show that multinational companies have higher efficiency scores than non-multinational companies. In addition, Intellectual capital has a positive and significant impact on software firm performance in the US human capital influences firm efficiency directly. However, when human capital is combined with the other elements of IC, the contribution of human capital becomes less significant. This is because people may think that innovation capital, process capital and customer capital can replace human capital, but it is not. In short, human capital may affect firm efficiency through other elements of IC (innovation capital, process capital and customer capital) as it is the base of other elements.Practical implicationsOverall, the study highlights the needs of having intellectual capital and its elements (Human Capital, Innovation Capital, Process Capital and Customer Capital) to increase firm efficiency.Originality/valueFirst, the authors use a more comprehensive elements of IC, which are human capital, innovation capital, process capital and customer capital for a better IC measurement. Second, this study makes the first attempt using the DSBM model via DEA to examine the operating efficiency of US multinational software firms.

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