Research on the Influence of Technology Merger and Acquisition on Enterprise Green Innovation——Evidence of mergers and acquisitions from China
Green innovation is an important support and guarantee for the realization of high-quality de-velopment in today's society.Its development requires enterprises to use strategy to take the initiative to pro-mote,and technology merger and acquisition is an important way to help enterprises promote green innovation.Based on the technology M&A events of 609 Shanghai and Shenzhen A-share listed companies from 2010 to 2022,this paper tests the impact of technology M&A on green innovation through multi-time-point differen-tial method.It is found that technological M&A can significantly promote green innovation,and the relationship between technological M&A and green innovation is positively moderated by redundant resources and risk per-ception ability of enterprises.This paper provides theoretical basis and practical basis for Chinese enterprises to promote green technology innovation with the help of technology mergers and acquisitions.
technology merger and acquisitiongreen innovationredundant resourcesrisk perception a-bility