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博碩士論文 etd-0626102-144010 詳細資訊
Title page for etd-0626102-144010
論文名稱
Title
台灣創業投資經理人及公司特質與投資行為之相關性研究
none
系所名稱
Department
畢業學年期
Year, semester
語文別
Language
學位類別
Degree
頁數
Number of pages
73
研究生
Author
指導教授
Advisor
召集委員
Convenor
口試委員
Advisory Committee
口試日期
Date of Exam
2002-06-08
繳交日期
Date of Submission
2002-06-26
關鍵字
Keywords
經理人及公司條件、投資行為、創業投資
firm characteristics, manager characteristics, investment behavior, venture capital
統計
Statistics
本論文已被瀏覽 5662 次,被下載 3834
The thesis/dissertation has been browsed 5662 times, has been downloaded 3834 times.
中文摘要
在歷經了全球性的經濟衰退以及網路泡沫化之後,創投產業進入了緩步期,在此同時,創投產業面臨了另一個決定性的問題:對於創投公司來說,創投經理人需具備何種特性及條件?經理人的特性及條件對於創投公司會有什麼樣的影響?每個創投公司在策略、資金來源等等條件上皆存在許多的差異,因而造成不同類型之創投公司在人才需求上的不同,故難以找出共通之特質。在此前提下,創投公司必須瞭解何種類型之經理人會有何種投資行為及策略,以此為選擇人才的依據。本研究的目的便在於:從創投公司及經理人的特質或背景為基礎,找出影響創投經理人投資行為及考量之各種因素。
本研究主要以高階經理人特質之研究作為基礎,透過對創投相關文獻的探討,針對國內創投公司之經理人進行研究,運用統計模型對資料進行分析。研究結果顯示,影響經理人風險偏好程度之因素有下列幾項:創投公司成立年限、創投經理人之先前產業背景;而影響經理人在投資後涉入行為之因素有下列各項:創投公司成立年限、創投經理人在創投產業之年資。

Abstract
Accompanied by the enormous losses cause by the worldwide economic recession and Internet bubbles, venture capital industry at the same time is faced with another crucial problems: for a venture capital firm, what characteristics should a venture capitalist possess? How does these characteristics influence the behaviors of the venture capital firms and venture capitalists themselves?
As everyone knows, venture capital firms differ significantly in business strategies and fund sources, thereby give rise to the difference of venture capital firms in selecting the characteristics of venture capitalists. Therefore, universal traits and characteristics of venture capitalists are difficult to find out. In the circumstances, venture capital firms must understand how venture capitalists characteristics may influence investment behaviors and strategies. By means of the analysis of the characteristics of venture capitalists and venture capital firms, this study tries to find out the important factors affecting the behaviors of venture capitalists.
Through the empirical research towards the Taiwan venture capitalists, several findings are presented in this study. As finding shows, some characteristics of venture capital firms such as firm age have a great influence on the behaviors of venture capitalists. Moreover, from the insignificance of some factors examined in this study, we conclude that there are still some structural factors influencing the behaviors of venture capitalists.

目次 Table of Contents
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 4
第三節 研究範圍 6
第二章 文獻探討及研究假設發展 7
第一節 影響風險偏好程度之因素 7
第二節 投資後涉入之影響因素 12
第三節 研究假設之建立 18
第三章 研究方法 26
第一節 研究架構之建立 26
第二節 研究假設 27
第三節 研究對象之選擇 28
第四節 變數之操作性定義 29
第五節 統計分析方法 32
第四章 研究結果分析 38
第一節 實證分析之結果 38
第二節 研究結果 44
第三節 討論 46
第五章 結論與建議 50
第一節 結論 50
第二節 建議 53
第三節 管理意涵 57
第四節 建議與未來研究方向 58
第五節 研究限制 59
參考文獻 60
附錄:問卷 67

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