Title: Enterprise strategy matching of technology merger and performance under competition-cooperation environment

Authors: Wendai Lv; Jipeng Qi; Ludan Chen; Jing Feng

Addresses: School of Management and Economics, Beijing Institute of Technology, Beijing 100081, China ' School of Economics and Management, Beijing Jiaotong University, Beijing 100044, China ' School of Management and Economics, Beijing Institute of Technology, Beijing 100081, China ' Faculty of Management and Economics, Kunming University of Science and Technology, Kunming 650000, China

Abstract: In order to effectively promote the sustainable development of China's enterprises, this paper studies the strategic matching of enterprises under the environment of competition and cooperation - enterprise technology M&A and performance. Based on the input and output panel data of ten listed companies before and after technology merger and acquisition, the paper calculates the different technology performance indexes before and after technology acquisition by Malmquist index model, and through descriptive statistics, hypothesis test and frequency analysis. The empirical analysis results show that the efficiency index of technological progress has a significant improvement effect under the environment of competition and cooperation, and the number of enterprises whose other indexes are improved and balanced is higher than the number of enterprises that are reduced, which provides effective help for the development of enterprises.

Keywords: competition and cooperation environment; strategy matching; technology merger and acquisition; technology performance; Malmquist index; frequency analysis.

DOI: 10.1504/IJTM.2020.112500

International Journal of Technology Management, 2020 Vol.84 No.3/4, pp.248 - 266

Received: 30 Jun 2020
Accepted: 03 Oct 2020

Published online: 08 Jan 2021 *

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