臺灣博碩士論文加值系統

由於結合資源基礎理論(resource-based theory; RBT)與策略之相關實證文獻較缺乏(Lieberman and Montgomery, 1988; 司徒達賢,1995)，因此，本文係結合RBT與智慧資本觀點(intellectual capital perspective; IC perspective)來探討智慧資本與組織價值創造之關係，並根據資源觀點策略分析架構發展「資源思維策略分析」(Resource Thinking Strategy Analysis; RTSA)」探討組織資源與策略連結過程。
本研究結合資源基礎、智慧資本與策略管理觀點，並利用因素分析萃取決定企業創造價值之動因，以探討智慧資本(人力資本、創新資本、流程資本與顧客資本)在企業價值創造中所扮演之角色以及組織策略之因應發展過程。實證結果顯示，智慧資本與公司價值創造具有影響作用，更進一步發現，「創新資本」是影響醫療照護業(GICS35)下價值創造最重要之因素，在資訊科技業(GICS45)下，則以「人力資本」影響最大。
藉由本研究實證結果，發現創造公司價值之價值動因，可能會隨著不同產業的特殊背景、環境或策略等有所影響；因此，智慧資本管理策略要有所差異，才能使智慧資本在企業價值創造中，發揮最大效用，最後，本文將有助於學術與實務界更能釐清智慧資本價值動因之管理。

However, combination of resource-based theory (resource-based theory; RBT) and the strategy is more related to lack of evidence (Lieberman and Montgomery, 1988; Seetoo, 1995). Therefore, the purpose of this study combined RBT with IC perspective to explore relationship of intellectual capital and creation of value, based on Grant’s ”resource-based approach to strategy analysis framework” to develop “Resource Thinking Strategy Aanalysis (RTSA)”, probed the process of resources and strategy.
The study combined with RBT, intellectual capital and strategic management perspective, the use of factor analysis to create business value extraction motivation to explore the intellectual capital (human capital, innovation capital, process capital and customer/relationship capital) in the value creation of the role being played by the organizational strategy, as well as in response to development process. The empirical results show that intellectual capital and corporate value creation has the function of influence, further found “innovation capital” affected the most important value creation factors at GICS35, GICS45 by “human capital” the greatest impact.
Empirical results demonstrate company''s value drivers may have influence along with the special background, environment or strategy of different industry. Consequently, the intellectual capital management strategy should have a discrepancy. This discrepancy can make the intellectual capital develop the biggest effect. Finally, this paper contributes academics and practicality to clarify the management implications of intellectual capital value drivers.

目 錄
第一章 緒論 1
第一節 研究背景與動機 1
第二節 研究目的 3
第三節 研究流程 4
第二章 文獻探討 6
第一節 投入-過程-產出與股東價值間的聯繫 6
第二節 智慧資本 8
第三節 智慧資本各要素與價值創造之關聯 22
第四節 資源基礎理論與策略結合之分析架構 25
第三章 研究設計 30
第一節 研究方法 30
第二節 研究架構、假說建立與實證模型 31
第三節 研究樣本與變數衡量 33
第四章 實證分析 36
第一節 敘述統計結果與相關性分析 36
第二節 探索性因素分析結果與因子命名 39
第三節 迴歸分析結果 43
第五章 結論與建議 47
參考文獻 49

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