Abstract
Using the negative binomial regression model, this paper analyses the impact of the technology acquisition mode on firm’s innovation performance. With the panel data of 124 listed companies of the high-tech industries in China, we find that enhanced technology acquisition have a non-significant effect on the post-M&A innovation performance of the acquiring firm. The complementary strengths technology acquisition has a positive effect on the innovative performance of the acquiring firm. This paper confirms the relationship between the technology acquisition mode and innovation performance, which gives empirical evidence on how to make technological M&As decisions of listed firms.
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Wen, C., Liu, Z. (2011). The Impact of Technology Acquisition Mode on Innovative Performance of Listed Companies. In: Dai, M. (eds) Innovative Computing and Information. ICCIC 2011. Communications in Computer and Information Science, vol 231. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-23993-9_27
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DOI: https://doi.org/10.1007/978-3-642-23993-9_27
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-23992-2
Online ISBN: 978-3-642-23993-9
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