臺灣博碩士論文加值系統

知識經濟時代下，企業依賴之生產要素轉變，已由無形之智慧資本資源取代有形資源，智慧資本已是現代企業競爭優勢之攸關決定因素及創造企業價值之主要關鍵。諸多文獻中均證實，智慧資本之無形因素為驅動與創造企業價值之動因。本研究以資源基礎理論與智慧資本取向之策略思維管理模式，深入探討在知識密集產業下智慧資本策略群組之動向，及兩個產業間不同之智慧資本策略，以利瞭解智慧資本管理策略之發展，使智慧資本在企業創造價值中提供最大效果。
本研究採用2007年美國S&;P500知識密集產業(GICS35&;45)為研究樣本，並運用因素分析萃取智慧資本策略構面，藉由迴歸分析探討智慧資本與價值創造之關聯性，再依多元尺度法及變異數分析法區別產業之智慧資本策略群組。實證結果顯示：智慧資本與企業價值創造具有顯著正向關係，為企業之價值動因。而在同一產業中企業間具有不同之智慧資本策略群組，不同群組間之價值創造程度有顯著差異，而同群組內之價值創造程度相似。
藉由實證結果，發現影響企業最鉅之智慧資本各組成要素，受不同產業的特性、背景、環境或企業策略等影響而有不同之智慧資本策略群組；由於企業有必要將有限的資源投入到最要緊的環節上，企業應先明瞭對其相對攸關之智慧資本價值動因，並創造、累積及管理對其重要之智慧資本組成要素，以提高企業競爭優勢。

In the knowledge economy, firms rely on the factors of production changes. Physical resources have been replaced by intangible intellectual capital, and intellectual capital has become a vital determinant of competitive advantage and main key to create business value for modern enterprises. Past literature indicates that the invisible factor of intelligence capital drives and creates enterprise value. By combining both resource-based theory (RBT) and intellectual capital (IC) theory, this study takes a strategic management approach in exploring the trends of intellectual capital strategic groups under knowledge-intensive industries and various intellectual capital strategies found between two industries, to facilitate the understanding of intellectual capital management strategy development, which provides maximum effects for intellectual capital in creating values in business.
This study collected data from the 2007 U.S. S & P500 knowledge-intensive industries (GICS35 & 45) as the samples and used factor analysis to induce strategic dimensions for intellectual capital. It then further explored the relationship between the intellectual capital and value creation, followed by multidimensional scaling method and regression analysis to identify different intellectual capital strategy groups within each industry. The empirical results show: 1) intellectual capital has significant positive correlation with corporate value creation, hence is the value driver for enterprises; 2) different intellectual capital strategy groups exist among enterprises of the same industry and the levels of value creation among different groups varies significantly while value creation levels are relatively the same within the same intellectual capital strategy group.
Through these empirical findings, it was found that the elements of intellectual capital which has the greatest impact on enterprises, constitute different intellectual capital strategy groups, subject to influences of different industrial characteristics, backgrounds, environments or corporate strategies; as limited resources shall be utilized for most crucial circumstances, companies should understand the relative relevant driver for the intellectual capital values, and subsequently create, accumulate and manage the important elements of their intellectual capital, in order to enhance their competitive advantages.

第一章 緒論 1
第一節 研究背景與動機 1
第二節 研究目的 6
第三節 研究架構 7
第二章 文獻探討 9
第一節 智慧資本 9
第二節 資源基礎理論-核心爭競力 25
第三節 智慧資本策略思維管理 30
第三章 研究設計 36
第一節 研究樣本與變數衡量 36
第二節 建立假說、研究架構與實證模型 39
第三節 研究方法 41
第四章 實證結果 44
第一節 敘述性統計及相關性分析 44
第二節 因素分析與因素構面命名 47
第三節 迴歸分析結果 49
第四節 多元尺度分析結果與變異數分析結果 51
第五節 單因子變異數分析結果 58
第五章 結論與建議 60
參考文獻 62

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