The Influence of M&A on Technological Innovation and Performance Results—Based On the Empirical Study of Gem Listed Companies (Published)
In the recent wave of M&A, listed companies on the GEM have paid great attention to acquiring relevant technology and knowledge assets. In order to enhance their technological innovation capabilities, they also concern about the technology which can improve their defects when choosing the M&A targets. Correspondingly, the acquisition of new technologies and new products through M&A has become one of the typical motivations among the listed companies on the GEM in China in recent years. This phenomenon has gradually attracted the attention of domestic scholars. In China, the research on M&A behavior of GEM listed companies, especially the study on technology innovation and performance results of M&A behavior, still lags behind the development of practice. This paper takes China’s GEM listed companies as the specific research object, selects its relevant data in 2011-2016, and objectively discusses the impact of M&A on the technological innovation and performance results, and has carried out the empirical analysis based on the related data, which shows that the R&D investment will decrease and the technological innovation performance will increase after M&A. Finally, based on the empirical results and the actual situation of the current market, this paper puts forward two practical suggestions for the M&A and technological innovation and performance results of China’s GEM listed companies.
Decision Support Systems: Creating Value For Marketing Decisions In The Pharmaceutical Industry (Published)
Purpose: The purpose of this study is to analyze the impact of decision support systems to creating value for marketing decisions in the pharmaceutical industry. Methodology: This paper was completed with the help of an extensive literature study on decision support/business intelligence and pharmaceutical industry marketing available on the databases and websites. Primary data has been used in this paper to check the impact of information technology market performance. The SPSS software package is used to analyze the employee responses and statistical technique. Regression analysis is used to check the impact of information technology on market performance. Findings: 150 questionnaires were being given to stakeholders in different pharmaceutical companies located in Pakistan. 104 were collected back and 96 questionnaires are considered valid and used are for analysis. After analyzing the data, we find that information technology has significant impact on market performance in pharmaceutical industry. According to the stakeholders, strategic planning, organizational support, knowledge management and technological advancement have significant impact on the success of information technology for decision support. Research limitations / Implications: More research will be required on the theory presented in this thesis “Decision Support Systems: Creating Value for Marketing Decisions in the Pharmaceutical Industry”
Keywords: Business Intelligence, Decision Support Systems, Knowledge Management, Marketing Performance, Organizational support, Qualitative and quantitative study, Strategic Planning, technological innovation
The Determinant of Intellectual Property Protection in Developing Countries: Does Absorption Capacity Matters (Review Completed - Accepted)
The rise of knowledge economies and the Trade Related Intellectual Property Rights Agreement (TRIPs) move the IPR question to the core of nation’s industrial policy. In this paper we investigate the determinants of Intellectual Property Rights policy in low income developing countries and compare them to those of middle income ones. We assess whether absorption capacities, the economic freedom, the human capital and the level of economic development matters in determining the intellectual property policy. We find that the levels of economic development as well as the capacity of technology absorption, the TRIPs agreement and the economic freedom are the main variables explaining the level of the Intellectual property protection. Thus our main result concerns the importance of absorptive capacity for developing countries in building their technology base. We stress that without well-developed technological capacities any country would not be incited to protect effectively the property rights. This is due to the high enforcement costs and administration as well as the weak level of innovation and hence patent request. The policy implication of this finding is that prior to any agreement concerning property rights two factors are essential: well-developed technological basis as well as absorptive capacities. These two factors contribute to generating small and incremental innovation and creating a demand for protection that could outweigh the management costs of IP. Thus, the developed countries should operate on the factor affecting the intellectual property through technology transfer regime rather than on the level of protection itself through international agreements