2023 Fiscal Year Final Research Report
| Project/Area Number |
19K13810
|
|---|
| Research Category |
Grant-in-Aid for Early-Career Scientists
|
| Allocation Type | Multi-year Fund |
|---|
| Review Section |
Basic Section 07080:Business administration-related
|
|---|
| Research Institution | Musashi University |
|---|
Principal Investigator |
|
|---|
| Project Period (FY) |
2019-04-01 – 2024-03-31
|
| Keywords | 国際M&A / 研究開発活動 |
|---|
| Outline of Final Research Achievements |
Considering increasing importance of mergers and acquisitions (M&As) in international business, this study aims to show how research and development (R&D) activities of companies that acquire foreign firms or are acquired by foreign firms change after the M&As and what factors influence the changes in R&D activities of acquiring and acquired companies. For the purposes, unique datasets were constructed using large-scale corporate databases and statistical analyses were conducted. The research findings reveal that acquisitions by foreign firms tend to reduce R&D activities of the acquired companies after the acquisitions and that the post-acquisition changes in R&D activities of the acquired companies vary depending on the characteristics of the industries in which the international M&As took place and the nationalities of the acquiring firms.
|
| Free Research Field |
国際経営論、国際経済学
|
| Academic Significance and Societal Importance of the Research Achievements |
国際M&Aの企業や社会にとっての重要性が上昇し続けているなか、外国企業による企業買収はM&A後の統合過程を通じてイノベーション活動の減衰をもたらす可能性を提示した点、M&Aに関わる企業の置かれた状況によりM&A後の統合過程の進み方には大きな差異が見られることを明らかにした点、などに本研究の学術的意義がある。また、それらの研究成果に基づき、M&Aを通じて国際的な研究開発拠点を拡充しようとしている企業に対する経営上の示唆や、自国の研究開発基盤を維持・強化しようとしている政府に対する政策上の含意を提供した点に本研究の社会的意義がある。
|
