我国集成电路设计企业投资效率评价与提升策略探究

Research on the Evaluation and Enhancement Strategies of Investment Efficiency for Integrated Circuit Design Enterprises in China

摘要: 近年来，随着人工智能等大模型技术推动新IT基础设施建设需求持续增长，以及新技术驱动下的产品创新不断涌现，我国集成电路设计企业持续加大资本与人才投入。本文以我国集成电路设计上市公司为研究对象，分析其投资现状，并运用DEA-BCC模型和Malmquist指数模型，从静态和动态两个角度评价企业整体投资效率。研究结果显示：行业整体静态效率尚未达到有效前沿，规模效率不足是制约综合效率提升的关键瓶颈；动态效率亦呈下降趋势，主要受技术进步滞后的影响。本文最后基于研究结果提出相关效率提升策略。

Abstract: In recent years, driven by the continuous growth in demand for new IT infrastructure construction propelled by technologies such as artificial intelligence and large models, along with the continuous emergence of product innovations fueled by new technologies, integrated circuit design enterprises in China have persistently increased their capital and talent investments. This paper takes listed companies in China’s integrated circuit design sector as the research subjects, analyzes their current investment status, and employs the DEA-BCC model and the Malmquist index model to evaluate the overall investment efficiency of these enterprises from both static and dynamic perspectives. The research results indicate that the overall static efficiency of the industry has not yet reached the effective frontier, with insufficient scale efficiency being the key bottleneck restricting the improvement of comprehensive efficiency; the dynamic efficiency also shows a declining trend, primarily affected by lagging technological progress. Finally, based on the research findings, this paper proposes relevant strategies for efficiency enhancement.