Innovation activities in high tech industries provide considerable challenges for technology and innovation management. In particular, firms frequently face significant technological challenges since these industries has a long history of radical innovations which are taking place through...

This paper contributes to the ongoing debate on the welfare effects of foreign direct investment by investigating the effects of cross-border mergers and acquisitions on innovation activities in target firms. The empirical analysis is based on survey and ownership data for a large sample of...

If large companies buy small dynamic enterprises, and move them to the headquarters' location or elsewhere, the process could suppress regional, or dependent, economy income and productivity. We investigate this hypothesis by analysing around 2 million observations of the UK enterprise- level...

In this paper, we examine the impact of mergers among German savings banks on the extent to which these savings banks engage in small business lending. The ongoing consolidation in the banking industry has sparked concerns about the continuous availability of credit to small businesses which has...

The volume is a collection of papers on 'M&A in Japan - a new instrument for corporate policy', with a special emphasis on small and medium firms, presented at a workshop in December 1999. The first contribution gives an overview of international M&A in recent years. Next, preliminery results of...

"Einen richtigen Unternehmenswert per se gibt es nicht!" (Meyer, 2002, S. 582.) Diese provokative Aussage scheint im Zuge der Unternehmensbewertungen und in einer Dissertation zu diesem Thema unangebracht zu sein. Inwiefern dieser Auspruch jedoch seine Richtigkeit hat, wird im ersten Teil der...