Co-opetition and Firm Performance in IC Design Industry
|關鍵字:||IC設計業;鑽石模型理論;財務報表分析;競爭策略;競合;IC design industry;diamond model theory;financial statement analysis;competitive strategy;co-opetition|
With the rise of the red supply chain, red capital mergers and acquisitions, and the poaching of its talent from its main export market, China, Taiwan’s IC design industry faces severe challenges. Both the government and the industry must carefully consider the direction of future developments in the industry and make positive changes, both as a response to the changing times, and in order to create a sustainable path of operations for the industry. In this study, we adopted the four main components and two main variables of the diamond theory model as a framework, supplemented it with the results of questionnaires for and interviews with experts, and analyzed the competitive capabilities of the IC design industry in Mainland China and Taiwan. In addition, we analyzed Mainland China’s competitive environment to further understand the competitive strategies that it may adopt. We then used financial statement analysis to examine the business performance of the cross-strait IC design industry. We also analyzed industry characteristics and the direction of future development. The results of our analysis show that Mainland China’s IC design industry benefits from the country and government’s active support in the forms of funding support, tax concessions, and subsidies; and market opportunities arising from strong domestic demand. There is room for growth in related and supporting industries, and in international competitiveness in the future. Taiwan’s IC design industry currently benefits from accumulated years of technical skills, supporting upstream and downstream industries, and cluster advantages. Sections of the industry have also created a competitive advantage by diversifying international investments to reduce taxation costs. The most immediate issues that must be faced are anticipated changes in its primary market and competitor. Finally, this study proposes that enterprises should either internally increase efficiency or externally employ co-opetition. Faced with the threat of the rise of Mainland China’s IC design industry and its market internalization, Taiwan’s government and industry must immediately seek a solution.
|Appears in Collections:||Thesis|