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研究生: 朱育葶
Ju, Yu-Ting
論文名稱: 影響新創公司併購之因素
Determinants of Acquisition of the startups
指導教授: 曾瓊慧
Tseng, Chiung-Hui
學位類別: 碩士
Master
系所名稱: 管理學院 - 國際企業研究所
Institute of International Business
論文出版年: 2015
畢業學年度: 103
語文別: 英文
論文頁數: 44
中文關鍵詞: 併購機會新創企業創業家創業經驗
外文關鍵詞: Acquisition invitation, Startups, Entrepreneur, Entrepreneurial experience
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  • 本研究透過探討創業家與新創企業的特徵,延伸兩者影響新創公司吸引併購機會的關聯性。研究結果提供二個影響新創公司接收併購之可能性。第一,受過創業家教育及具有管理經驗的創業者,公司較可能取得併購機會。第二,一人創業公司較多位創辦者公司更易吸引併購機會。然而,擁有創業經驗並非影響新創公司接收到併購機會之主要因素。

    This study investigates how the characteristics of a startup firm and its founder(s) influence the likelihood that the company receives acquisition invitations. By testing four hypotheses on a sample of 84 firms in Taiwan, this study found that, firstly, entrepreneurs with entrepreneurship education and management experience are more likely to receive acquisition invitations. Secondly, solo-founder startups are more likely to attract attention and receive acquisition invitations. Thirdly, startup founders with prior experience starting up companies and founders with prior top-or middle-level managerial experience conflict with each other. And finally, startup experiences are not the main reason for startups to receive acquisition invitations.

    Abstract .. I Content . II Content of Tables . IV Content of Figures IV Chapter 1 Introduction 1 Chapter 2 Literature Review and Hypotheses 4 2.1 Literature Review 4 2.2 Conceptual Framework and Hypotheses 5 2.2.1 Solo-founder or multiple-founder startups 7 2.2.2 Prior performance of startups 8 2.2.3 Entrepreneurship education 10 2.2.4 Entrepreneurial experience 11 Chapter 3 Research Design 13 3.1 Sample and Data sources 13 3.2 Sample characteristics 14 3.3 Variables and Measures 17 3.3.1 Dependent variables 17 3.3.2 Independent variables 17 3.3.3 Control variables 19 3.4 Analytical techniques 25 Chapter 4 Results 27 Chapter 5 Discussion and Conclusion 32 5.1 Theoretical implications 32 5.2 Managerial implications 33 5.3 Limitations and Future research 35 Reference 37 Appendix 41

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