RESEARCH ON INTERACTIVE MECHANISM OF TECHNOLOGY PROGRESS AND M&A

Yongmei Cui, Shengnan Tan, Lian Hong

2011

Abstract

This paper is based on new growth theory, evolutionary economics and industrial impact hypothesis theoretical basis, Using the mathematical statistics analysis, case analysis, system analysis and inductive method, first respectively expatiates the internal mechanism of technical progress drives M&A and M&A promote technological progress, reveals the interactive of technological progress and the M&A through the establishment of interaction model, then through the comparative analysis of the developed countries ’M&A and technical wave, verifies the positive correlation between the technological progress and M&A, it comes to the conclusion that technical progress is a two-phase dynamic process which contains both technological innovation and technology transfer, in this process, M&A and technical progress exist mutual drive internal mechanism, mainly for technological innovation and transfer make the reallocation of industry resources, which finally drive the M&A waves, then M&A promote the technology innovation and transfer through break the monopoly and concentrate element. The paper is valuable not only in theory but also in practice, which favourable to the establishment of technological progress system and the maturity of the M&A market. Dynamic definition of the technical progress and the establishment of the technical progress and M&A interaction model is the innovation of the article.

Paper Citation

in Harvard Style

Cui Y., Tan S. and Hong L. (2011). RESEARCH ON INTERACTIVE MECHANISM OF TECHNOLOGY PROGRESS AND M&A . In Proceedings of the 13th International Conference on Enterprise Information Systems - Volume 1: ICEIS, ISBN 978-989-8425-53-9, pages 373-375. DOI: 10.5220/0003547403730375

in Bibtex Style

@conference{iceis11,
author={Yongmei Cui and Shengnan Tan and Lian Hong},
title={RESEARCH ON INTERACTIVE MECHANISM OF TECHNOLOGY PROGRESS AND M&A},
booktitle={Proceedings of the 13th International Conference on Enterprise Information Systems - Volume 1: ICEIS,},
year={2011},
pages={373-375},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0003547403730375},
isbn={978-989-8425-53-9},
}

in EndNote Style

TY - CONF
JO - Proceedings of the 13th International Conference on Enterprise Information Systems - Volume 1: ICEIS,
TI - RESEARCH ON INTERACTIVE MECHANISM OF TECHNOLOGY PROGRESS AND M&A
SN - 978-989-8425-53-9
AU - Cui Y.
AU - Tan S.
AU - Hong L.
PY - 2011
SP - 373
EP - 375
DO - 10.5220/0003547403730375