臺灣博碩士論文加值系統

本研究探討台灣電子工業技術併購對創新績效的影響，並進一步探討併購雙方的整合程度、技術相關性與規模對創新績效的影響。依先前研究採用專利成長數、研發生產力衡量創新績效，並以民國89年至97年進行技術併購的國內上市櫃電子業公司為樣本比較創新績效的差異。實證結果顯示，技術併購後創新績效反而降低；但進一步探討發現整合程度愈低，讓目標公司保有原來的制度或研發程序的自主性對創新績效有顯著的正向影響；併購雙方知識相關性高，併購公司有能力利用目標公司技術，可降低技術整合風險進而提升創新績效；知識相對規模愈大，亦即併購雙方知識絕對規模差異愈小，需耗費更多資源整合雙方技術，反而會降低創新績效。

This paper examines the impact of technological acquisitions on innovation performance in Taiwan electronics industry. We further explore how the integration policy and the characteristic between bilateral firms’ knowledge bases affect the innovation output. According to prior literature, this paper use patents growth rate and R&D productivity to measure innovation performance. The sample of our research includes all technological acquiring firms listed in Twain Stock Exchange from 1999 to 2008. We find the innovation performance decrease after technological acquisitions. The preservation of autonomous for target firm is positively associated with innovation output and the relatedness of acquired and acquiring knowledge bases enhances innovation performance, while relative size of the acquired knowledge base reduces innovation output.

目次
第一章 緒論 1
第一節 研究背景與動機 1
第二節 研究目的與問題 3
第三節 預期研究貢獻 4
第四節 研究流程 5
第二章 文獻探討 6
第一節 技術併購之定義與衡量 6
第二節 技術併購之相關實證文獻 9
第三章 研究方法 15
第一節 觀念性架構 15
第二節 研究假說之建立 16
第三節 實證模型 19
第四節 變數衡量 22
第五節 資料蒐集 26
第四章 實證結果與分析 27
第一節 敘述性統計分析 27
第二節 相關性分析 31
第三節 多元迴歸分析 35
第四節 敏感性分析 46
第五章 結論與建議 49
第一節 研究結論 49
第二節 研究建議與限制 50
中文參考文獻 51
英文參考文獻 52

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