Abstract

Global economic uncertainty, low growth and business complexity have put firms at risk of survival. Enterprises pursue sustainable growth and innovation through strategic technology management, but they are suffering from a lack of information on TOD(technology opportunity discovery) and the absence of diversification strategy for new business. It is necessary to conduct a TOD to find promising industry and technology that are conditions for future companies. In addition, TOD of healthcare technologies using M&A(mergers and acquisitions) transactions data have not been reported yet. Therefore, this study proposes a new methodology for exploring technological opportunities using M&A transactions data in healthcare industry. First, we theoretically confirm whether all M&A transactions are related to promising areas. Second, we analyze the global M&A trends by a time series analysis of M&A transactions by sectors over the last 20 years. Third, the association analysis was conducted using the number of M&A transactions between sectors, industries, and healthcare technologies to determine the degree of M&As connection. As a result, the overall trends of promising industry and healthcare technology could be identified. Also, It is expected that it will be used effectively to establish sustainable management strategy, business diversification strategy and technology strategy (research and development portfolio strategy, technology road map) in the future through the exploration of technology opportunity using the M&A transactions data.

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