本研究以質性研究為架構，透過觀察與訪談之後進行研究及整理歸納。個案研究以光電產業Ｅ公司為研究目的，觀察在個案併購活動過程前中後產生組織整合調整之活動，發現活動中活動中之利害關係人以平台系統為樞紐，使併購方與被併購方進行互動。
本研究基於併購整合、價值共創等理論視角進行觀察研究，進而發現併購後組織整合過程中的發展現象。並於Ｅ公司併購Ｈ公司後的組織發展狀態進行實證。從實務觀察與理論視角相互驗證，歸納結論作為後續企業併購發展之參考。
未來的研究方向，建議可加入產業環境的影響、廠商併購模式不同的影響的干擾等，可將這些構面納入研究範圍作為對併購績效影響之探討，以進行更深入之研究以利企業經營策略能有效地執行及達成既定目標。

This study is based on qualitative research, through observation and interviews after the study and finishing induction. Case Study The photoelectric industry E company for the purpose of the study, observed in the case of mergers and acquisitions before and after the activities of the organization to adjust the activities of the adjustment and found that ac-tivities in the ac-tivities of the powerful people to platform system as a hub, so that mergers and acquisitions interactive.
This paper studies the development of mergers and acquisitions, the value creation and other theoretical perspectives, and then finds out the development phenomenon of the or-ganization integration process after the merger. And in the E company mergers and acqui-sitions H com-pany after the organization development status of empirical. From the per-spective of practical observation and theoretical verification, induction conclusions as a follow-up to the develop-ment of mergers and acquisitions.

中文文獻
姚蕙芸，2001年，企業併購類型、評價方法及綜效之探討，台北商技學報(12月)，1-22。
鈕文英，2014，質性研究方法與論文寫作:雙葉書廊。
張秀樺、盧龍泉(2012)。價值共創調節效果之實證研究：以我國文化創意產業為例。人文暨社會科學期刊，8(1)，47-58。
薛明玲、廖烈龍、林宜賢 (2006):企業併購策略與最佳實務,資誠會計師事務所，(頁14)台北: 財團法人資誠教育基金會出版。

網頁參考
台灣LED產業現況與發展建議-國家政策研究基金會(2013)，http://npf.org.tw/2/13038
DIGITIMES Research 網頁公開資訊，http://www.digitimes.com.tw/
公開資訊觀測站，上市上櫃公司公開說明書及財務電子檔

英文文獻
Anenson, T. Leigh. (2008), “Treating Equity Like Law: A Post-Merger Justification of Unclean Hand,” American Business Law Review, 45(3),455-505.
Barney, J. B. (1991). Firm resources and sustained competitive advantage. Journal of management, 17(1),99-120.
Bradley, J. W. and D. H. Korn(1979), "Acquisition and Merger: A shifting route to corporate growth," Management Review, Vol.68, No.3,46-51.
Burgman, 1986, Issues and advance in mergers research, Journal of Financial Re-search.
Cooper, A. C., Willard, G. E. and Woo, C. Y. (1986), “Strategies of High Perfor-mance New Firm.” Journal of Business Venturing,247-260.
Donald, A., Jacobs, L. C., Razavieh, A., & Sorensen, C. (2010). Introduction to re-search in education. USA: Wadsworth, 10, 94002-93098.
Eynon & Nodine (1991). Seven Critical Success Factors for Value-creating Acqui-sitions,.M & A Europe, May/Apr, pp. 50.
Flick, U. (2002). Qualitative research-state of the art. Social science information, 41(1), 5-24.
Grant, R. M. (1991). The resource-based theory of competitive advantage: Impli-cations for strategy formulation. California management review, 33(3),114-135.
Grant, R.M. (1995). Contemporary strategy analysis. Oxford, UK: Blackwell Pub-lisher Inc.
Grönroos, C. & Voima, P. 2013. Critical service logic: making sense of value crea-tion and co-creation. Journal of the Academy of Marketing Science, 41:133-150.
Haspeslagh, P. C.,Jemison, D. B.(1991).Managing acquisitioncreating value through corporate renewal.New York:Free Press.
Hofer, C.W.,Schendel, D.(1978).Strategy Formation:Analytical Concepts.St. Paul:MN West.
Larsson, R., Finkelstein, S. (1999) .Integrating strategic, organizational, and human resource perspectives on mergers and acquisitions: A case survey of synergy real-ization. Organization Science, 10(1),11-26.
Kaplan, B., & Maxwell, J. A. (2005). Qualitative research methods for evaluating computer information systems Evaluating the organizational impact of healthcare information systems (pp. 30-55): Springer.
Kreuger, L. W., & Neuman, W. L. (2006). Social work research methods: Qualita-tive and quantitative applications. Boston and New York: Pearson & Allyn Bacon.
Leonard-Barton, D.(1992), “Core Capabilities and Core Rigidities: A paradox in Managing New Product Development,” Strategic Management Journal,13,111-125.
Lincoln, Y. S., & Guba, E. G. (1985). Naturalistic inquiry (Vol. 75): Sage.
Lovelock, C. H.,Young, R. F.(1979).Look to consumers to increase productivi-ty.Harvard Business Review,57(3),168-178.
Lubatkin, Michael, David Schweiger, and Yaakov Weber (1999), “Top Manage-ment Turnover in Related M&A’s: An Additional Test of the Theory of Relative Standing,” Journal of Management, 25(1), 55-73.
Parkinson, Christine, and Richard Dobbins. 1993. “Returns to Shareholders in Successfully Defended Takeover Bids: UK Evidence 1975–1984.” Journal of Business Finance & Accounting, 20(4):501-520.
Patton, M. Q. (2005). Qualitative research: Wiley Online Library.
Peter Drucker (1981), "Five Rules for Successful Acquisition", The Wall Street Journal, P. F., Vol.15,28.
Pitelis, C. N. (2012). Clusters, entrepreneurial ecosystem co-creation, and appro-priability:A conceptual framework. Industrial and Corporate Change, 21(6): 1359-1388.
Prahalad, C. K.,Ramaswamy, V.(2003).The new frontier of experience innova-tion.MIT Sloan Management Review,44(4),12-18.
Prahalad, C. K., & Ramaswamy, V. (2004). The future of competition: Co-creating unique value with customers. Boston, MA: Harvard Business School Press.
Prahalad, C. K., & Ramaswamy, V. (2004b). Co-creation experiences: The next practice in value creation. Journal of interactive marketing, 18(3), 5-14.
Ramírez, R.(1999).Value co-production: Intellectual origins and implications for practice and research, Strategic Management Journal, 20:49-65.
Ramaswamy, V.,Gouillart, F.(2010).Building the Co-Creative Enterprise.Harvard Business Review,88,100-109.
Vargo, S. L., & Lusch, R. F. (2004). Evolving to a new dominant logic for market-ing. Journal of Marketing, 68(1), 1-18.
Wernerfelt, B. A Resource-Based View of the Firm, Strategic Management Journal, 1984, Vol.5, 171-180.