This paper addresses the key determinants of merger failure, in particular the role of innovation (post … introduce a model of process innovation where merged firms exibit intra-merger spillover of knowledge under different market … that post-merger innovation performance, in particular with large spillover, increases the probability of survival, while …

Innovation activities in high technology industries provide considerable challenges for technology and innovation … innovation-related firm characteristics. The paper confirms a substitutive relationship between acquisitions and own research … geographical origin of the firm matter for acquisition behaviour. -- Acquisition ; innovation ; high technology ; quantitative …