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首页> 外文期刊>International Journal of Technology Management: The Journal of the Technology Management of Technology, Engineering Management, Technology Policy and Strategy >The impact of internationalisation and proprietary assets on firm performance: an empirical analysis of Taiwanese high-tech firms
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The impact of internationalisation and proprietary assets on firm performance: an empirical analysis of Taiwanese high-tech firms

机译:国际化和专有资产对企业绩效的影响:对台湾高科技企业的实证分析

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摘要

This paper examines the impact of internationalisation and proprietary assets on the performance of 170 Taiwanese TSE-listed high-tech firms notable for their OEM and ODM businesses. Our results clearly show an inverted U-shaped relationship between internationalisation and performance. Although increased levels of internationalisation brought significant benefits to performance during the period studied, the benefits generally began to decline when this level reached 44.9%. R&D assets were found to be positively associated with performance, whereas marketing assets were found to have a negative relationship with performance. We argue that the advertising intensity of these firms was too low to reach the threshold necessary to achieve economies of scale. Based upon our findings, future research directions and suggestions for firms are also discussed in the paper.
机译:本文研究了国际化和专有资产对170家在台湾TSE上市的高科技公司的表现的影响,这些公司以OEM和ODM业务着称。我们的结果清楚地表明了国际化与绩效之间的倒U型关系。尽管国际化水平的提高在研究期间为绩效带来了显着收益,但当收益达到44.9%时,收益通常开始下降。研究与开发资产与绩效呈正相关,而营销资产与绩效呈负相关。我们认为,这些公司的广告强度太低,无法达到实现规模经济所必需的阈值。根据我们的发现,本文还讨论了公司未来的研究方向和建议。

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