Research on the Influencing Factors of Innovation Performance in Cross-border Acquisitions by Chinese Manufacturing Enterprises from the Perspective of Configuration
Research on the Influencing Factors of Innovation Performance in Cross-border Acquisitions by Chinese Manufacturing Enterprises from the Perspective of Configuration
This paper focuses on the innovation performance of cross-border acquisitions using a configuration perspective and reveals the comprehensive influence mechanism of multidimensional and multiple factors on the innovation performance of cross-border acquisi-tions by Chinese manufacturing companies.This paper selected factors of three levels:environmental factors(institutional distance and host country risk),organizational factors(acquisition experience and whether it is a peer acquisition),and technical factors(R&D in-vestment and whether the target company is a high-tech enterprise),as the conditions for the innovation performance of cross-border ac-quisitions.Based on a qualitative comparative analysis of the cross-border acquisitions by Chinese manufacturing companies,the study found that there are four configurations that can achieve high innovation performance in cross-border acquisition,and six configurations can lead to non-high innovation performance in cross-border acquisition.Meanwhile,the results show obvious causal asymmetry,and there are several antecedent variable combinations achieving the same goal by different ways for innovation performance in cross-border acquisition;it makes up the limitations of linear and unidirectional relationship between variables in traditional empirical studies to some extent,thus enriching the studies on innovation performance of cross-border acquisition.
关键词
跨国并购/创新绩效/组态视角/定性比较分析
Key words
cross-border acquisition/innovation performance/perspective of configuration/QCA
维普
万方数据