Research On The Technology Integration In The Process Of Overseas M&A Of Chinese Enterprises

In the 21st century,China's manufacturing industry is facing the new opportunities and challenges brought by the adjustment of global industrial structure.Technological innovation has become a key factor in realizing and maintaining competitive advantage.Europe and the United States is mainly developed countries to enhance the core,key technology research and development strength,in contrast,although in recent years,China has begun to vigorously promote independent innovation,but in technological innovation and shipping countries still exist a lot of gaps.Enterprises through advanced mergers and acquisitions to obtain advanced knowledge and technology,help to form and enhance their independent innovation capability.From the perspective of access to resources,overseas mergers and acquisitions for enterprises to carry out technological innovation activities to provide technical,knowledge,market and other resources,and these resources and capabilities to a greater extent affect the enterprise's technological innovation and innovation performance.As overseas acquisitions to obtain technical knowledge is a very complex process,so the choice of manufacturing enterprises Y as a major research case.Through the deepening of the enterprise micro-level,analysis of overseas mergers and acquisitions to promote industrial technology innovation mechanism to find out the actual application of the enterprise problems,summed up the general law of universal conclusions.From the perspective of M&A of manufacturing enterprises,the relationship between overseas mergers and acquisitions and technological innovation is explained,and M&A capability is the basis for the realization of M&A target.Technology upgrading needs,the domestic market demand and other industry impact factors together to promote enterprises to obtain overseas acquisitions through the acquisition of technical knowledge of the acquisition of motivation,in order to achieve technology,product rapid upgrade,improve technological innovation.Financial resources are the basic guarantee for the smooth implementation of overseas mergers and acquisitions.The knowledge base determines the effect of technology integration,and the management ability determines the efficiency of technology integration.This paper builds a bridge between overseas mergers and acquisitions and technological innovation through the process of technology integration.Based on the rigorous analysis of Y cases,the relevant literatures of knowledge management,the identification and transfer of technology integration,the transfer of internalization and integration,Mechanism for analysis and systematic induction.First of all,the first stage of technology integration is the identification of technical knowledge before the acquisition of the assessment,is the internal knowledge,technical gaps on the basis of identification and evaluation of the motivation,and then external knowledge,M&A target search and evaluation;The process of internalization is the process of reorganization of internal and external knowledge and the formation of understandable systematic knowledge.Finally,the third stage of technological integration is the basis of internalization of knowledge transfer.On the integration of knowledge between the two sides to form the process of knowledge creation.