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Indexed by:会议论文

Date of Publication:2015-01-01

Included Journals:CPCI-SSH

Page Number:385-390

Key Words:Strategic acquisitions; Intellectual capital; Integration; VAIC

Abstract:The intellectual capital integration is one of the crucial factors which measure the success of the strategic M&A in knowledge economy. Using VAIC to represent intellectual capital efficiency, this paper analyzes its changes and trends before and after strategic M&A. The results show that Human capital, Structure capital, Physical capital and VAIC are higher than those before the acquisitions. The intellectual capital integration improves the utilization efficiency of total resources in strategic M&A.