业务关联、技术匹配与企业国际竞争力:跨国并购的视角

Business ties,technology fit and international competitiveness of firms from the cross-border M&A perspective

企业跨国并购中,产业进入模式是企业战略决策的重要内容,而技术匹配能力则决定着企业能否将海外关联业务转化成企业竞争优势。以长三角地区186家从事跨国经营的企业为研究对象为基础,探讨了企业跨国并购过程中业务关联与技术匹配之间的内在逻辑联系,并分析其对企业国际竞争力可能产生的影响作用。研究结果表明:企业跨国并购过程中,业务关联通过企业技术匹配能力对企业国际竞争力产生显著的影响作用。当外部环境动态性日益提升时,业务关联与技术匹配能力之间的正向联系就越强,而技术匹配能力与企业国际竞争力之间的影响关系则没有显著的变化。因此,环境动态性进一步加强了技术匹配能力在业务关联与企业国际竞争力之间的中介效应。

In the cross-border M＆A of enterprises, the industry entry mode is an important part of the enterprise＇ s strategic de-cision-making, and its technology fit ability determines whether it can transform the overseas-related business into its competi-tive advantage. Based on the research of 186 multinational enterprises in the Yangtze River Delta region, this paper explores the inherent logical relationship between business ties and technology fit in the process of cross-border M＆A, and analyzes its possi-ble impact on the international competitiveness of enterprise. The research results show that in the process of cross-border M＆A, business ties has a significant impact on the international competitiveness of enterprises through their technology fit ability. When the external environment dynamics is increasing, the positive relationship between business ties and technology fit ability is stronger, and the influence relationship between technology fit ability and enterprise international competitiveness is not signifi-cantly changed. Therefore, environmental dynamics further strengthens the mediating effect of technology fit ability between busi-ness ties and enterprise international competitiveness.