examines the innovation determinants of M&A activity and the consequences of M&A transactions on the technological potential … and the innovation performance. We examine the telecommunications equipment industry over the period 1988-2002 using a … newly constructed data set with firm-level data describing M&A and innovation activity as well as financial characteristics …

universities, have greater innovation capabilities than comparable knowledge-intensive firms created in other ways. Using a sample … show that research spin-offs’ superior innovation performance can be explained by their high level of research cooperation … innovation productivity. …

diversification). The second part of the paper focuses on a more sophisticated strategy of diversification and asks whether financial … theory is compatible with observed diversification patterns. Based on the German Socioeconomic Panel which provides unique … socioeconomic characteristics, the propensity for taking investment risk is an important predictor of a household's diversification …

investigate for the first time the links between export diversification over destination countries and goods on the one hand and …

. Implementing a dynamic panel data approach on Swedish micro data, we test the separate and complementary effect of innovation and … innovators, temporary innovators and non-innovators. The results are consistent regardless of whether innovation efforts are …

Recent literature on firm innovation emphasize the importance of combinations of different knowledge sources in … innovation processes. Moreover, the literature on firm collaboration has evolved stepwise: (1) knowledge networks tend to be … important. By using data from a survey on innovation and collaboration of 636 firms in the county of Jönköping, Sweden, we find …

innovation output, as measured by firm patent applications. The effect is particularly strong for knowledge workers that have …