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Domestic technological acquisitions and the innovation performance of acquiring firms

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  • Zhongjuan Sun

Abstract

This study explores how the external technology base affects innovation performance of domestic technological acquisition based on multiple cases of 108 Chinese firms undertaking technological acquisition from 2001 to 2008. This study reveals interesting results. First, technological acquisitions improve innovation performance of the acquiring firm. Second, based on a Poisson regression with 108 observations, the result shows that the absolute size positively affects post-acquisition innovation performance while the relative size of the acquired external technology negatively affects post-acquisition innovation performance. In addition, the absorptive capacity does not have the positive impact on the relationship between acquired technology and innovation performance. This result, however, is not similar to the conclusion that is drawn in developed countries. This paper is a helpful answer to the question as to how firms obtain resources and competitive advantages in developing countries.

Suggested Citation

  • Zhongjuan Sun, 2014. "Domestic technological acquisitions and the innovation performance of acquiring firms," Journal of Chinese Economic and Business Studies, Taylor & Francis Journals, vol. 12(2), pages 149-170, May.
    • Handle: RePEc:taf:jocebs:v:12:y:2014:i:2:p:149-170
    DOI: 10.1080/14765284.2014.900944
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    1. Hall, B. & Jaffe, A. & Trajtenberg, M., 2001. "The NBER Patent Citations Data File: Lessons, Insights and Methodological Tools," Papers 2001-29, Tel Aviv.
    2. Manuel Trajtenberg, 1987. "Patents, Citations and Innovations: Tracing the Links," NBER Working Papers 2457, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Edmund Mallinguh & Christopher Wasike & Zeman Zoltan, 2020. "Technology Acquisition and SMEs Performance, the Role of Innovation, Export and the Perception of Owner-Managers," JRFM, MDPI, vol. 13(11), pages 1-19, October.
    2. Zhu, Lei & Shen, Jie & Yeerken, Aruna, 2024. "Impact analysis of mergers and acquisitions on the performance of China's new energy industries," Energy Economics, Elsevier, vol. 129(C).
    3. Vissa, Siva Kameswari & Thenmozhi, M., 2022. "What determines mergers and acquisitions in BRICS countries: Liquidity, exchange rate or innovation?," Research in International Business and Finance, Elsevier, vol. 61(C).

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