THE EVOLUTION OF CROSS-BORDER M&As AND INNOVATION STRATEGIES: EVIDENCE FROM CHINESE CONSTRUCTION MACHINERY FIRMS

被引：2

作者：

Lyu, Guoqing ^{[1
]}

Liefner, Ingo ^{[1
]}

Schiller, Daniel ^{[2
]}

机构：

[1] Leibniz Univ Hannover, Inst Econ & Cultural Geog, Schneiderberg 50, D-30167 Hannover, Germany

[2] Ernst Moritz Arndt Univ Greifswald, Inst Geog & Geol, Friedrich Ludwig Jahn Str 17a, D-17487 Greifswald, Germany

来源：

ERDKUNDE | 2019年 / 73卷 / 03期

基金：

中国国家自然科学基金;

关键词：

cross-border mergers and acquisitions; global-local innovation network; evolutionary perspective; construction machinery firms; China; INTERNATIONALIZATION PROCESS; KNOWLEDGE TRANSFER; ACQUISITIONS; MERGERS; INTEGRATION; PERFORMANCE; NETWORKS; DISTANCE; SEARCH; MODEL;

D O I：

10.3112/erdkunde.2019.03.05

中图分类号：

P9 [自然地理学]; K9 [地理];

学科分类号：

0705 ; 070501 ;

摘要：

Cross-border mergers and acquisitions (CBMAs) are an important mechanism of international investment and the configuration of global-local innovation networks. This study offers an evolutionary perspective to understand CBMAs sponsored by Chinese firms by focusing on the key actors and main changes at different stages: a primary stage with the target search process, an initial stage with light-touch integration, a fusing stage with emergence of new entities, and a mature stage with the reorganization of global-local innovation networks. The findings indicate that the innovation strategy of Chinese CBMAs corresponds with the structural integration and differentiation of innovation modes.

引用

页码：211 / 224

页数：14

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