Case Study On Overseas M&A Integration And Industrial Technology Innovation

In recent years,the number and transaction volume of Chinese overseas M&A have all witnessed explosive growth.China is now in a critical period of economic transformation and industrial upgrading.Overseas mergers and acquisitions have become more and more enterprises to enhance their core competitiveness from the low end of the value chain.High-end important way.At the same time,a new round of scientific and technological revolutions are taking place in hot weather and form a convergence with China's economic transformation.In this context,the robot industry is undoubtedly the focus of the world.Obtaining intelligent manufacturing core robot technology through overseas M&A has also been adopted by more and more companies.This article mainly uses the case analysis method to study the relationship between acquisition-based overseas M&A integration and industrial technology innovation based on innovation networks.First,the theoretical analysis of overseas M&A integration-innovation network-industrial technology innovation conduction path is carried out.Based on the assumptions,a case analysis method was used to analyze and compare the three cases of acquisition of German KUKA of the Chinese robotics industry,the acquisition of the Italian DFW by the Oriental Seiko,and the acquisition of the American DMW.In the end,this article draws the following conclusions.In technology-acquisition overseas mergers and acquisitions where resource similarity is weak and complementary,mergers and acquisitions can adopt low-level integration,and promote mergers and acquisitions in local industry technology innovation by increasing the centrality and structural hole position of mergers and acquisitions in the global innovation network.In technology-acquisition overseas mergers and acquisitions where resource similarities are strongly complementary,mergers and acquisitions can adopt a high degree of integration,and promote mergers and acquisitions in local industry technology innovation by increasing the centrality and structural holes in the global innovation network.In mergers and acquisitions where resource similarities are strongly complementary and technology is acquired overseas,mergers and acquisitions can adopt moderate integration,and promote mergers and acquisitions in local industry technology innovation by improving the centrality and structure of mergers and acquisitions in the global innovation network.