Technological Relatedness,M&A Scale and Enterprise Innovation Performance
Taking some listed companies from 2015 to 2020 as samples,with relevant data corresponding,the relationship between the technological relevance of M&A parties and corporate innovation performance is empirically analyzed,and the moderating effect of M&A deal size is investigated.It is found that there is a significant inverted U-shaped relationship between technical similarity and technical complementarity between M&A parties and corporate innovation performance,and technical cross-border does not have a significant impact on corporate innovation performance.M&A deal size negatively regulates the relationship between technical similarity and corporate innovation performance.
technology mergers and acquisitionstechnological relatednessM&A scaleinnovation performance
NETL
NSTL
万方数据
