知識經濟與併購

Merger in a Knowledge-Based Economy

馬泰成(Tay-Cheng Ma)

《東海管理評論》 7卷1期 (2005/07) Pp. 121-136

https://doi.org/10.29724/TMR.200507.0006

摘要

科技創新帶動知識經濟發展，而使知識成為生產過程中之主要要素投入，又因為知識具備若干非排他性與非敵對性等公共財特性，而使相關產業的生產函數呈現報酬遞增，從而導致事業以併購的方式追求大型化與國際化，以擴大經濟規模。在此一架構下，本文利用內生性經濟成長理論模型，探討處理跨國企業兼併的反托拉斯政策，並認為政府應對內採取較為寬鬆之結合規範，便利事業大型化及國際化，以收取規模經濟之效；對外則應針對跨國企業兼併、國際卡特爾及區域性獨占等議題，透過國際組織或雙邊諮商管道，加強與主要國家政府間的合作。

關鍵字

知識經濟 ； 結合 ； 反托拉斯政策

並列摘要

Innovation supports the knowledge as the major input in the production process. Since the knowledge, in a certain degree, exhibits some properties of public goods such as nonexclusion and nonrivalry such that firms might operate in regions of falling AC where the production technology exhibits increasing returns to scale. This kind of production style inevitably encourages firms to expand their economic scales via mergers. This article uses the propositions of the endogenous growth models to investigate the antitrust policy in a knowledge-based economy. We argue that government should loosen their regulations to facilitate the mergers; this might encourage local firms to evolve into multi-national enterprises. Besides, the government should foster greater understanding of emerging global issues and promote the international cooperation necessary to address them.

並列關鍵字

knowledge-based economy ； merger ； anti-trust policy

參考文獻

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