Cross-Border Acquisitions Of Seeking Technology Study

With the coming of the development of world economic, cross-border acquisitions gradually has been the mostly investment form. When the corporations are intent to put up cross-border acquisitions to seek the technology, they often pay attention to how to upgrade and develop the corporations' kernel technology by the cross-border acquisitions and how to check up that it is successful or lost. With the China entered into WTO, cross-Border acquisitions of seeking technology will be more and more drastic, but Chinese corporations and government run short of experience. Studying the cross-border acquisitions from the world range will provide the reference value for Chinese corporations and government.This article defines the signification of cross-border acquisitions of seeking technology firstly, analyses the theory about cross-border acquisitions. It also demonstrate that technology is very important to economic and multinational, and points out the real reason of cross-border acquisitions of seeking technology. Then, by comparing various exterior technology acquiring ways and the advantage of acquisitions of seeking technology, it puts forwards a new concept calling technology factors' serving effect.Then, it ponits out that acqusitisons may not give birth to the technology factors' serving effect because of the influence in technology aspects and corporation aspects, or acqusitions may not bring the economic profits because of the occuring of the market risk, so all of these will result in the aborted acqusitions. The article opens out there are many factors to form the aborted acquisitions, it is influenced by the technical novelty and technical lifecycle in technology aspect, it is also influenced by the matching of technology factors and the ability of culture intergration, and the ultima new technology and new products isinfluenced by the market risk, so there is large ratio in cross-Border acquisitions of seeking technology. Now, the domestic study always thinks the cross-Border acquisitions of seeking technology is usable, bying the analyses to the technology fators' servings effect and the markte risk factors, this article opens out the reason causeing the several types of aborted acquisitions and puts forward how to avoid the aborted acqusitions. At the same time, it designs the index of cross border acquisitions of corporation competitive ability , then it constructs the mathematics model and illustrates the application.Finally, being dead against our country current state, this article puts forwards that cross-border acquisitions of seeking technology is necessary and analyses its disadvantage factors, then puts forwards the policy and advice. So it provides the suggests of escaping lost and gaining succeed for our country corporation of cross-Border acquisitions of seeking technology in a certain extent.