{"title":"ANALYZING THE IMPACT OF TECHNOLOGY MERGERS AND ACQUISITIONS ON THE INNOVATION CAPABILITY OF CORE DEVELOPERS IN CONSTRUCTION FIRMS","authors":"Ruobing Ren, Jingxiao Zhang, George Zillante, Ruizhi Hu, Hengyuan Cui, Liyuan Cheng","doi":"10.3992/jgb.18.3.185","DOIUrl":null,"url":null,"abstract":"ABSTRACT Technology mergers and acquisitions are some of the most important ways to introduce technology into a company. The study reveals the impact of technology mergers and acquisitions on the innovation capability of core developers in construction companies. Among core developers are those who have deep professional knowledge accumulation and strong ability to digest and innovate external knowledge. The social network analysis method is used to measure the relevant indicators of the core Research and Development (R&D) personnel cooperation network. Bridge Group Co Ltd with Chongqing Beixin Yuchang Expressway Construction Co Ltd are used as examples where the changes in the network structure before and after the merger were investigated using quantitative analysis. These changes were investigated from two perspectives: the individual center cooperation network and the overall cooperation network of core R&D personnel. The results show that the density and centrality indicators of the core developers’ cooperation network have a positive effect on their innovation capability after the merger whereas the structural hole indicators have a negative effect on their innovation. The study broadens the thinking of social networks in the field of technology Mergers and Acquisitions (M&A) and provides directions for enhancing the innovation capability of core developers, as well as serving as a theoretical guide and reference for M&A activities in the construction industry.","PeriodicalId":51753,"journal":{"name":"Journal of Green Building","volume":"43 1","pages":"0"},"PeriodicalIF":0.7000,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Green Building","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.3992/jgb.18.3.185","RegionNum":4,"RegionCategory":"艺术学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"0","JCRName":"ARCHITECTURE","Score":null,"Total":0}
引用次数: 0
Abstract
ABSTRACT Technology mergers and acquisitions are some of the most important ways to introduce technology into a company. The study reveals the impact of technology mergers and acquisitions on the innovation capability of core developers in construction companies. Among core developers are those who have deep professional knowledge accumulation and strong ability to digest and innovate external knowledge. The social network analysis method is used to measure the relevant indicators of the core Research and Development (R&D) personnel cooperation network. Bridge Group Co Ltd with Chongqing Beixin Yuchang Expressway Construction Co Ltd are used as examples where the changes in the network structure before and after the merger were investigated using quantitative analysis. These changes were investigated from two perspectives: the individual center cooperation network and the overall cooperation network of core R&D personnel. The results show that the density and centrality indicators of the core developers’ cooperation network have a positive effect on their innovation capability after the merger whereas the structural hole indicators have a negative effect on their innovation. The study broadens the thinking of social networks in the field of technology Mergers and Acquisitions (M&A) and provides directions for enhancing the innovation capability of core developers, as well as serving as a theoretical guide and reference for M&A activities in the construction industry.
期刊介绍:
The purpose of the Journal of Green Building is to present the very best peer-reviewed research in green building design, construction, engineering, technological innovation, facilities management, building information modeling, and community and urban planning. The Research section of the Journal of Green Building publishes peer-reviewed articles in the fields of engineering, architecture, construction, construction management, building science, facilities management, landscape architecture, interior design, urban and community planning, and all disciplines related to the built environment. In addition, the Journal of Green Building offers the following sections: Industry Corner that offers applied articles of successfully completed sustainable buildings and landscapes; New Directions in Teaching and Research that offers guidance from teachers and researchers on incorporating innovative sustainable learning into the curriculum or the likely directions of future research; and Campus Sustainability that offers articles from programs dedicated to greening the university campus.