摘要
文章着重考虑在投资主导型国际分工和全球竞争的开放经济环境下,发展中国家以提高效率、降低成本、拓展市场为目的,以技术获取为手段的跨国并购投资策略的选择。通过建立一个博弈分析模型,把发展中国家对发达国家的"资产扩展"投资和发达国家对发展中国家的"资产利用"投资以及两者之间的相互投资包容起来,形成了逻辑一致的解释。
This paper analyzes the investment strategy selections of transnational M＆A in developing countries for the purpose to increase efficiency, reduces costs and expand market by the means of technology acquisition under the circumstance of investment-dominated international division of labor and the open economy of globalization. With a game theory model, this paper explains asset-seeking cross-border M＆A activities from developing country to developed country, asset-exploiting cross-border M＆A activities from developed country to developing country and manual investment.
出处
《财贸研究》
北大核心
2007年第5期59-64,共6页
Finance and Trade Research
基金
教育部人文社会科学规划项目(06JA790107)
浙江省哲学社会科学规划项目(06CGL15YBX)的部分研究成果
关键词
技术获取
竞争策略
跨国并购
technology acquisition
competitive strategy
cross-border M＆A
