兼并收购中知识资本的作用机理及动态演化模型

Interplay Mechanism and Dynamic Evolution Modes of Intellectual Capital in M&A

知识资本是公司核心能力的表现,其协同是并购企业价值创造的重要源泉。但是,知识资本的无形性与复杂性使得协同的实现并非易事。在此,剖析了并购中知识资本系统协同演化的内在机理,并在此基础上建立了知识资本演化的动态理论模型。

Intellectual capital (IC) presents the core competence of a company,its synergy is the source of value creation in merger and acquisition. It analyses the intrinsic evolvement mechanisms of IC synergy in the course of M&A. On the basis of that,it builds a dynamic evolvement model of these mechanisms.