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Technological change is often hypothesized as one of the main drivers of merger activities. This paper analyzes the role of technology in mergers and acquisitions (M&As) at the firm level. Based on a newly created data set that combines financial information and patent data for public firms in...
Persistent link: https://www.econbiz.de/10010297840
While the impact of M&A on R&D and innovation examined at the aggregate level left inconclusive evidence, we find that …
Persistent link: https://www.econbiz.de/10005021812
Technological change is often hypothesized as one of the main drivers of merger activities. This paper analyzes the role of technology in mergers and acquisitions (M&As) at the firm level. Based on a newly created data set that combines financial information and patent data for public firms in...
Persistent link: https://www.econbiz.de/10005098158