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系統識別號 U0026-0107201014492100
論文名稱(中文) 科技相似度對R&D策略聯盟宣告公司績效的市場反應影響
論文名稱(英文) The Impact of Technological Similarity on the Market Response of R&D Allying Firms’ Performance
校院名稱 成功大學
系所名稱(中) 企業管理學系碩博士班
系所名稱(英) Department of Business Administration
學年度 98
學期 2
出版年 99
研究生(中文) 廖吟芳
研究生(英文) Yin-Fang Liao
學號 r4697121
學位類別 碩士
語文別 英文
論文頁數 35頁
口試委員 指導教授-張紹基
口試委員-許永明
口試委員-康信鴻
中文關鍵字 研發策略聯盟  科技相似度  專利 
英文關鍵字 R&D Alliance  Technological Similarity  Patent 
學科別分類
中文摘要   近年來,R&D策略聯盟成為一種普遍的公司合作形式。隨著科技的更新速度加快、研發費用持續增加、產品週期縮短等競爭壓力下,R&D策略聯盟可使公司獲取互補性資源與能力、縮短研發時間、分散研發成本與風險。本篇研究探討R&D策略聯盟中公司的科技特徵是否影響市場評估公司的績效。首先,我們探討R&D策略聯盟公司間科技相似度對於市場評估公司績效的影響。進一步,我們探討市場是否會因公司的專利資訊,如專利所累積的知識基礎與專利向後引證(Backward Citation),使前述的效果增強或減弱。
  本研究發現,市場給予高相似度及低相似度的策略聯盟較高的評價,其關係呈現U型曲線。而公司所擁有的知識基礎與專利的向後引證皆在中等相似度的聯盟公司有正向的調節效果,但在高度相似與低度相似的聯盟中,反而為負向調節效果。
英文摘要 In recent year, strategic alliances have become a widespread form of cooperation between firms. Because the pace of technological development is continuously increasing, and the product life cycle is getting shorter, the competition becomes more intense. By collaborating with partners on R&D, allying firms can acquire access to complementary capabilities, reduce development time, and distribute the risk and cost of new research and development. This study focuses on the impact of technological characteristics on the market reaction of alliance’s performance. First, we consider how the investors react to the technological similarity between partners in firms’ performance. Further, we discuss the moderating effect of knowledge bases and backward citation.
This study finds that alliances with high similarity or low similarity have greater market response on their performance. The relationship is U-shaped curve. In addition, knowledge bases and backward citation have the positive moderating effect in moderate level of similarity, but the negative moderating effect in the alliances with high similarity or low similarity.
論文目次 Table of Content
1. INTRODUCTION 1
1.1 Why R&D alliance is important? 1
1.2 How allying firms’ characteristics influence the alliances? 1
2. LITERATURE REVIEW AND HYPOTHESES DEVELOPMENT 4
2.1 Technological Similarity 4
2.2 The Moderating Effect of Patent 7
2.2.1 Knowledge Bases 7
2.2.2 Backward Citation 9
3 DATA AND METHODOLOGY 11
3.1 Samples 11
3.2 Measures and Dependent Variable 13
3.3 Independent Variables and Moderator 14
3.3.1 Technological Similarity 14
3.3.2 Knowledge Bases 16
3.3.3 Backward Citation 16
3.4 Control Variable 16
3.5 Regression Model 18
4 EMPIRICAL RESULTS 20
4.1 Descriptive Statistics of Variables 20
4.2 Regression Analysis 22
4.2.1 Pooling Method 22
4.2.2 Equal-Weighted Method 24
5 DISCUSSIONS 25
References 31
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