請用此 Handle URI 來引用此文件:
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完整後設資料紀錄
DC 欄位 | 值 | 語言 |
---|---|---|
dc.contributor.advisor | 陳聖賢 | zh_TW |
dc.contributor.advisor | Sheng-Syan Chen | en |
dc.contributor.author | 邱聖軒 | zh_TW |
dc.contributor.author | Sheng-Syuan Chiu | en |
dc.date.accessioned | 2024-07-08T16:08:00Z | - |
dc.date.available | 2024-07-09 | - |
dc.date.copyright | 2024-07-08 | - |
dc.date.issued | 2024 | - |
dc.date.submitted | 2024-07-01 | - |
dc.identifier.citation | 中文文獻
母基金周刊 (2023)。中國CVC影響力報告-產業資本大分流。https://www.fofweekly.com/index/index/show/catid/22/id/6437.html 英文文獻 Alvarez‐Garrido, E., & Dushnitsky, G. (2016). Are entrepreneurial venture's innovation rates sensitive to investor complementary assets? Comparing biotech ventures backed by corporate and independent VCs. Strategic Management Journal, 37(5), 819-834. Basu, S., Phelps, C., & Kotha, S. (2011). Towards understanding who makes corporate venture capital investments and why. Journal of Business Venturing, 26(2), 153-171. BCG & INSEAD (2021). Corporate Venture Capital. https://www.insead.edu/sites/default/files/assets/dept/centres/gpei/docs/corporate-venture-capital.pdf Chesbrough, H. W. (2002). Making Sense of Corporate Venture Capital. Harvard Business Review, 80(3):90-99. Dushnitsky, G., & Lenox, M. J. (2006). When does corporate venture capital investment create firm value?. Journal of business venturing, 21(6), 753-772. Gompers, P. A., Gornall, W., Kaplan, S. N., & Strebulaev, I. A. (2020). How do venture capitalists make decisions?. Journal of Financial Economics, 135(1), 169-190. Kim, K., Gopal, A., & Hoberg, G. (2016). Does product market competition drive CVC investment? Evidence from the US IT industry. Information Systems Research, 27(2), 259-281. Kogan, L., Papanikolaou, D., Seru, A., & Stoffman, N. (2017). Technological innovation, resource allocation, and growth. The Quarterly Journal of Economics, 132(2), 665-712. Lantz, J. S., Sahut, J. M., & Teulon, F. (2011). What is the real role of corporate venture capital?. International Journal of Business, 16(4), 367. Ma, S. (2020). The life cycle of corporate venture capital. The Review of Financial Studies, 33(1), 358-394. Oliveira, C. A. (2012). Estratégias e práticas de corporate venturing no contexto brasileiro. Fundação Dom Cabral Pinkow, F., & Iversen, J. (2020). Strategic objectives of corporate venture capital as a tool for open innovation. Journal of Open Innovation: Technology, Market, and Complexity, 6(4), 157. PitchBook (2023). What is corporate venture capital. https://pitchbook.com/blog/what-is-corporate-venture-capital Rossi, M., Festa, G., Papa, A., Kolte, A., & Piccolo, R. (2020). Knowledge management behaviors in venture capital crossroads: a comparison between IVC and CVC ambidexterity. Journal of Knowledge Management, 24(10), 2431-2454. Schmidt, C., Kaiser, C., & Bausch, A. Corporate Venture Capital as Driver of Strategic Change? An Interorganizational Learning Perspective. (2023) An Interorganizational Learning Perspective. Simon, M., Houghton, S. M., & Gurney, J. (1999). Succeeding at internal corporate venturing: Roles needed to balance autonomy and control. Journal of Applied Management Studies, 8(2), 145. Silicon Valley Bank (2023). State of CVC 2023. https://www.svb.com/globalassets/trendsandinsights/reports/state-of-cvc-report-2023.pdf Thomas J. Chemmanur, Elena Loutskina, Xuan Tian, Corporate Venture Capital, Value Creation, and Innovation, The Review of Financial Studies, Volume 27, Issue 8, August 2014, Pages 2434–2473. 500 Global (2019). Unlocking Corporate Venture Capital. https://go.500.co/unlocking-corporate-venture-capital | - |
dc.identifier.uri | http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/92933 | - |
dc.description.abstract | 本研究針對記憶體產業的企業創投 (Corporate Venture Capital,CVC) 策略進行研究,分析三星電子、SK海力士與美光科技2008年至2023年的投資標的,最終總結出整體的投資策略考量、各時空背景的投資策略演變、記憶體CVC創造的價值以及未來產業發展方向。研究發現記憶體CVC相當重視AI的投資,近五年側重投資軟體應用相關的新創企業,而未來的投資重點則會擴大至整體AI產業鏈。此外,本研究證實新創公司在被記憶體CVC投資後,員工數、估值以及專利申請皆呈現正成長率,同時CVC母公司也在投資記憶體相關新創企業後降低了研發費用比例。最後,本研究發現記憶體CVC近年所投資的公司多為「記憶體內計算」與「先進封裝」技術相關,由此可知記憶體龍頭企業當今重視並看好的這兩項技術,未來可能成為產業成長重點。總結來說,本研究探討了記憶體CVC各個面向的投資策略,提供投資人、記憶體公司、新創企業以及政府未來發展方向的建議,也期許本研究能拋磚引玉,引起後續其他研究對於半導體產業CVC投資策略的興趣。 | zh_TW |
dc.description.abstract | This study focuses on the Corporate Venture Capital (CVC) strategies in the memory industry, analyzing the investment targets of Samsung Electronics, SK Hynix, and Micron Technology from 2008 to 2023. It concludes the overall investment strategy considerations, the evolution of investment strategies across different time, the value created by memory CVC, and the future development of the industry. The research reveals that memory CVC places significant emphasis on investments in AI, with a recent focus on investing in startups related to software applications. Future investment priorities are expected to expand to the entire AI value chain. Additionally, the study confirms that startups receiving investments from memory CVCs experience growth in employee numbers, valuation, and patent applications. Furthermore, the parent companies of CVCs also reduce their R&D expenditure proportion after investing in memory-related startups. Lastly, the research finds that companies recently invested in by memory CVCs are predominantly related to "In-Memory Computing" and "Advanced Packaging" technologies. This indicates that leading memory companies value and have positive prospects for these technologies, which could become focal points for industry growth in the future. In conclusion, this study explores the investment strategies of memory CVC from various perspectives, offering suggestions for investors, memory companies, startups, and the government on future development directions. It is hoped that this research can stimulate further interest for other studies in semiconductor industry CVC investment strategies. | en |
dc.description.provenance | Submitted by admin ntu (admin@lib.ntu.edu.tw) on 2024-07-08T16:08:00Z No. of bitstreams: 0 | en |
dc.description.provenance | Made available in DSpace on 2024-07-08T16:08:00Z (GMT). No. of bitstreams: 0 | en |
dc.description.tableofcontents | 口試委員審定書 I
誌謝 II 中文摘要 III 英文摘要 IV 圖次 VII 表次 IX 第一章、緒論 1 第一節、研究動機 1 第二節、研究目的 3 第二章、文獻回顧 4 第一節、企業創投 4 第二節、企業創投策略 6 第三章、研究方法 9 第一節、產業個案研究 9 第二節、資料敘述 10 第三節、研究範圍 10 第四章、記憶體產業 11 第一節、記憶體產業鏈 11 第二節、記憶體產業循環 14 第三節、記憶體公司競爭分析 15 第四節、記憶體產業特性 17 第五章、研究公司介紹 19 第一節、SAMSUNG ELECTRONICS 三星電子 19 第二節、SK HYNIX SK海力士 21 第三節、MICRON TECHNOLOGY 美光科技 23 第六章、記憶體企業創投策略 26 第一節、記憶體企業創投策略歸納 26 第二節、整體投資分析 27 第三節、時間軸投資分析 29 第四節、企業創投價值創造-對新創事業 34 第五節、企業創投價值創造-對記憶體三巨頭 37 第六節、記憶體產業發展方向 40 第七章、結論 45 第一節、結論統整 45 第二節、實務建議 47 第三節、後續研究建議 48 參考文獻 49 中文文獻 49 英文文獻 49 | - |
dc.language.iso | zh_TW | - |
dc.title | 企業創投策略研究_以記憶體產業為例 | zh_TW |
dc.title | Memory Industry’s Corporate Venture Capital Strategy | en |
dc.type | Thesis | - |
dc.date.schoolyear | 112-2 | - |
dc.description.degree | 碩士 | - |
dc.contributor.oralexamcommittee | 黃嘉威;何耕宇 | zh_TW |
dc.contributor.oralexamcommittee | Chia-Wei Huang;Keng-Yu Ho | en |
dc.subject.keyword | 企業創投,記憶體產業,投資策略,新創公司,三星電子,SK海力士,美光科技, | zh_TW |
dc.subject.keyword | Corporate venture capital,Memory industry,Investment strategy,Startup,Samsung,SK Hynix,Micron Technology, | en |
dc.relation.page | 50 | - |
dc.identifier.doi | 10.6342/NTU202401309 | - |
dc.rights.note | 同意授權(限校園內公開) | - |
dc.date.accepted | 2024-07-02 | - |
dc.contributor.author-college | 管理學院 | - |
dc.contributor.author-dept | 財務金融學系 | - |
顯示於系所單位: | 財務金融學系 |
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