The influences of being acquired on subsidiary innovation adoption
研究了子公司被新所有者收购后,其创新采纳行为受到的正反两方面影响,通过电台所有权变更对HD Radio技术采纳的事件史分析,发现所有权变更直接促进采纳,但削弱了模仿他人采纳的倾向。
Abstract Received research suggests that a firm subsidiary's acquisition by a new owner has countervailing effects on the subsidiary's innovation adoption behavior. On one hand, ownership change can make a subsidiary more receptive to innovation by reducing some inertial forces and introducing new resources to overcome others. Alternatively, the costs and demands of an acquisition can draw decision makers' attention away from important innovations in the technological environment. This event history study disentangles these countervailing influences by examining the influences of radio station ownership change on stations' adoptions of HD Radio ® technology. The study finds that a change in ownership control does have a positive direct influence on the likelihood of technology adoption, but that it also curtails tendency for subsidiaries to subsequently mimic others' technology adoptions. Copyright © 2012 John Wiley & Sons, Ltd.