The Misunderstanding of Business Management Innovation in the Digital Economy Era Excess Merger and Corporate Innovation

With the development of digital economy and technological innovation, many companies transform their model to improve market competitiveness. Some companies choose to achieve digital transformation through their own exploration, but more companies adapt to the change through large-scale mergers and...

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Main Author:	Li Shuyan
Format:	Article
Language:	English
Published:	EDP Sciences 2021-01-01
Series:	E3S Web of Conferences
Online Access:	https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/11/e3sconf_netid2021_03085.pdf

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spelling	doaj-0a83dc88af394eeca2df9d5cd79b65802021-02-18T10:42:43ZengEDP SciencesE3S Web of Conferences2267-12422021-01-012350308510.1051/e3sconf/202123503085e3sconf_netid2021_03085The Misunderstanding of Business Management Innovation in the Digital Economy Era Excess Merger and Corporate InnovationLi Shuyan0Beijing Jiaotong University, Department of Economics and ManagementWith the development of digital economy and technological innovation, many companies transform their model to improve market competitiveness. Some companies choose to achieve digital transformation through their own exploration, but more companies adapt to the change through large-scale mergers and acquisitions of technologically innovative companies, even cross-border mergers and acquisitions. Some companies want to integrate high-quality resources at the expense of excessive mergers and acquisitions, and eventually form the excess goodwill. However, whether such excess mergers and acquisitions can really promote corporate innovation still needs to be further explored. Through empirical research, this paper finds that excessive mergers and acquisitions do inhibit the innovation and development of enterprises, and then reveals the mechanism of action. This article reveals a misunderstanding of enterprise innovation and development, that is, the harm of excessive mergers and acquisitions to adapt to changes. It provides a new perspective for enterprises pursuing innovation, which is conducive to the management and development of innovative activities.https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/11/e3sconf_netid2021_03085.pdf
collection	DOAJ
language	English
format	Article
sources	DOAJ
author	Li Shuyan
spellingShingle	Li Shuyan The Misunderstanding of Business Management Innovation in the Digital Economy Era Excess Merger and Corporate Innovation E3S Web of Conferences
author_facet	Li Shuyan
author_sort	Li Shuyan
title	The Misunderstanding of Business Management Innovation in the Digital Economy Era Excess Merger and Corporate Innovation
title_short	The Misunderstanding of Business Management Innovation in the Digital Economy Era Excess Merger and Corporate Innovation
title_full	The Misunderstanding of Business Management Innovation in the Digital Economy Era Excess Merger and Corporate Innovation
title_fullStr	The Misunderstanding of Business Management Innovation in the Digital Economy Era Excess Merger and Corporate Innovation
title_full_unstemmed	The Misunderstanding of Business Management Innovation in the Digital Economy Era Excess Merger and Corporate Innovation
title_sort	misunderstanding of business management innovation in the digital economy era excess merger and corporate innovation
publisher	EDP Sciences
series	E3S Web of Conferences
issn	2267-1242
publishDate	2021-01-01
description	With the development of digital economy and technological innovation, many companies transform their model to improve market competitiveness. Some companies choose to achieve digital transformation through their own exploration, but more companies adapt to the change through large-scale mergers and acquisitions of technologically innovative companies, even cross-border mergers and acquisitions. Some companies want to integrate high-quality resources at the expense of excessive mergers and acquisitions, and eventually form the excess goodwill. However, whether such excess mergers and acquisitions can really promote corporate innovation still needs to be further explored. Through empirical research, this paper finds that excessive mergers and acquisitions do inhibit the innovation and development of enterprises, and then reveals the mechanism of action. This article reveals a misunderstanding of enterprise innovation and development, that is, the harm of excessive mergers and acquisitions to adapt to changes. It provides a new perspective for enterprises pursuing innovation, which is conducive to the management and development of innovative activities.
url	https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/11/e3sconf_netid2021_03085.pdf
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The Misunderstanding of Business Management Innovation in the Digital Economy Era Excess Merger and Corporate Innovation

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