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| Knowledge Overlap,Knowledge Base Characteristics and Innovation Performance |
| Ma Shuang1,Zou Lin2 |
| (1.Institute of Information,Shanghai Academy of Social Sciences,Shanghai 200235,China; 2.School of Management,Shanghai University of Engineering Science,Shanghai 201620,China ) |
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Abstract Previous studies have focused on the innovative effects of overlapping/non-overlapping knowledge in technology M&A.However,only quantitative attributes are concerned in measuring knowledge overlap,while quality assessment is neglected.Based on the patent data from the State Intellectual Property Office during 2008 to 2018,this paper constructs a new theoretical framework and analyses 352 cases of technology M&A of 217 machinery manufacturing enterprises,to explore the effect of the quantity and quality attributes of overlapping and non-overlapping knowledge on innovation performance after technology M&A.The results show that high-quality overlapping knowledge has a positive impact on innovation performance after M&A,while high-quality non-overlapping knowledge has a negative impact.In addition,the impact of knowledge quantity on innovation performance after M&A is also discussed.The purpose of this research is to emphasize the importance of knowledge overlap for enterprises to acquire external knowledge,and to make suggestions for enterprises which blindly pursue high-quality knowledge in the technology M&A.
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Received: 15 November 2019
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