Abstract—Based the perspective of technology, this paper investigates how technological acquisition affect post-acquisition innovation by distinguishing the dimensions of similarity and complementarity of technology between acquired company and acquiring company. The results shows there is an inverted-U relationship between similar technology and post-acquisition innovation ,and there is an U relationship between complementary technology and post-acquisition innovation .In addition, the size of knowledge base of acquirer has an adjustment function. It will moderate the relationship between the similar technology and post-acquisition negatively; and it will moderate the relationship between the complementary technology and post-acquisition positively.
Index Terms—Technological acquisition, innovation, technical similarity, technical complementarity.
Canjun Chen is with the Hohai University, China (e-mail: 905407297@qq.com).
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Cite:Canjun Chen, "The Effects of Technological Acquisition on Innovation Performance — Analyzing from the Perspective of Technical Characteristics," Journal of Economics, Business and Management vol. 8, no. 2, pp. 119-123, 2020.
Copyright © 2020 by the authors. This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).