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afterward than had occurred before the acquisition, multiplicative innovation synergies were realized ― which improved firms … post-acquisition innovation synergies that were found in this study; our measure indicated that less-broadly diversified … firms enjoyed greater multiplicative innovation synergies (as they were defined herein) than did the more …
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This study examines the effects of technological mergers and acquisitions (M&A) on post-deal innovation and firm … performance. We argue that technological M&A lead to an increase of the innovation output in terms of patent counts while non … results showed that firms engaged in technological M&A had lower innovation performance -- in comparison to firms involved in …
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Our distance-score methodology for constructing backward-dispersion scores is an improvement over the counting methodology that the Hall, et al. (2001) measures use because (a) it captures the effects of newly-synthesized technological-class codes that are different than the technology-class...
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Firms often choose to grow and diversify via mergers and acquisitions (M&A) because acquiring and integrating an ongoing entity is perceived to be a fast and less risky means of entering desirable markets, gaining new knowledge and new capabilities, or adding to the firm’s product line. In...
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