Determinants of the valuation of intangible assets - a contrast between Taiwanese and American IC design houses

@article{Chu2008DeterminantsOT,
  title={Determinants of the valuation of intangible assets - a contrast between Taiwanese and American IC design houses},
  author={Po-Young Chu and Hsing-Hwa Hsiung and Chi-Hung Huang and Chuan-Yi Yang},
  journal={IJTM},
  year={2008},
  volume={41},
  pages={336-358}
}
The industry of IC design is asset-light but knowledge intensive and high value added. We undertook research to understand how US and Taiwan IC design houses evaluate their intangible assets, and what factors drive the value. The results show that the values of US IC design houses are higher than those of Taiwan by market capital methods. By contrast, the values of Taiwanese IC design houses are more consistent those of US firms using asset return methods. We then constructed 26 items from… CONTINUE READING

References

Publications referenced by this paper.
Showing 1-10 of 31 references

Measuring the strategic readiness of intangible assets

  • R. S. Kaplan, D. P. Norton
  • Harvard Business Review,
  • 2004
Highly Influential
12 Excerpts

Knowledge, innovation and share value

  • L. D. Johnson, E. H. Neave, B. Pazderka
  • International Journal of Management Reviews,
  • 2002
Highly Influential
6 Excerpts

Is a company’s intellectual capital performance and intellectual capital

  • M. Williams
  • 2001
Highly Influential
3 Excerpts

The effect of human resource management practices on firm performance in Russia

  • C. F. Fey, I. Bjorkman, A. Pavlovskaya
  • International Journal of Human Resource…
  • 2000
Highly Influential
3 Excerpts

Value-Driven Intellectual Capital: How to Convert Intangible Corporate Assets into Market Val

  • P. Sullivan
  • 2000
Highly Influential
3 Excerpts

Competitive Strategy Study of Taiwan IC Design Service Company – Taking F Company as an Example

  • C. F. Tung
  • 2003
2 Excerpts

Intellectual capital and traditional measures of corporate performance

  • S. Firer, S. M. Williams
  • Journal of Intellectual Capital,
  • 2003
1 Excerpt

Measuring the Intellectual Capital of Research Institut – A Case study

  • Lin, L-Y
  • 2002

The Impact of R&D and Advertising Activities: An Empirical Study in Taiwan Industries, unpublished master thesis, National Chengchi University, Taipei, Taiwan

  • S. Shiu
  • 2002
1 Excerpt

Similar Papers

Loading similar papers…