研究結果顯示(一)人力資本的「企業年資」和「受教育年數」與營業收入淨額間呈U型的曲線關係；「一般經驗」則與營業收入淨額呈現倒U型的曲線關係。(二)分紅與營業收入淨額呈現正向顯著相關。(三)當員工受教育年數達16年，分紅與教育年數及分紅與教育年數平方的交叉項對廠商的營業收入才開始有正向影響。 The electronic industry in Taiwan is facing global competition and technology progress. How to sustain or enhance competitiveness in this industry is a valuable topic to explore. Human capital is the key in gaining competitive advantage. Firm’s success is achieved by attracting and retaining talent. If employees are adequately motivated, the firm’s net operating income will be raised. Hence, we are going to examine the interaction between years of education and net operating income. This study adopts 729 Taiwan’s electronic companies as targeted sample for empirical research, and sample period is 2007 to 2011. This study indicates the results as the following: (1)Employee’s firm tenure and education year exhibit a curvilinear (U-shaped) effect on firm’s net operating income; and general experience exhibit a curvilinear (inverted U-shaped) effect on net operating income. (2)The bonus exhibits positive directing effect on firm’s net operating income. (3)When staffs are graduated from the University, the interaction term between bonus and education has positive effect on firm’s net operating income.