The Impact of Technology M&A on High-Tech Enterprise Innovation Ability: Based on the Moderating Effect of Enterprise Culture

DOI

10.2991/assehr.k.210121.155How to use a DOI?

Keywords

Technology M&A, Innovation ability, Enterprise culture

Abstract

Technology M&A (Mergers and Acquisitions) is an effective way for enterprises to acquire external knowledge and technology quickly. Many high-tech enterprises intend to make up for the lack of innovation ability through technology M&A. Also, the enterprise culture will act on the M&A. This paper mainly studies the impact of technology M&A on the innovation ability of high-tech enterprises, and the effect of enterprise culture on the relationship between them. On the basis of relevant theories and literatures, this paper combs and analyses the relationship among technology M&A, enterprise innovation ability and enterprise culture, and puts forward research hypotheses. Taking 307 M&A events of high-tech enterprises of China A-share listed companies as samples, this paper uses multiple regression method to conduct empirical test. The results show that: Technology M&A can improve the innovation ability of high-tech enterprises, and the innovation culture of the acquiring enterprise has the positive moderating effect between technology M&A and innovation ability.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Xi Yu
PY  - 2021
DA  - 2021/01/23
TI  - The Impact of Technology M&A on High-Tech Enterprise Innovation Ability: Based on the Moderating Effect of Enterprise Culture
BT  - Proceedings of the 6th Annual International Conference on Social Science and Contemporary Humanity Development (SSCHD 2020)
PB  - Atlantis Press
SP  - 789
EP  - 793
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.210121.155
DO  - 10.2991/assehr.k.210121.155
ID  - Yu2021
ER  -