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 …

effects of cross-border mergers and acquisitions on innovation activities in target firms. The empirical analysis is based on … selection bias, it is found that foreign takeovers have a large negative impact on the propensity to perform innovation … activities and a negative impact on average R&D expenditures in innovative firms. Furthermore, innovation output, measured as the …

Die Zusammenführung von Forschungs- und Entwicklungsbereichen als Folge einer Fusion oder Akquisition erfordert in der …

Both M&A and innovation are instruments for growth and competitive advantage. Therefore they are fundamental to each … unfortunate as both processes - the process of innovation and the process of mergers and acquisitions - are intimately connected …. The impact of mergers on innovation can only be rigorously assessed, if the converse direction of influence - mergers …

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 …

M&A and Innovation a major means of today's competitive strategy development, this paper examines the innovation … determinants of M&A activity and the consequences of M&A transactions on the technological potential and the innovation performance … firm-level data on M&A and innovation activity as well as financial characteristics. By implementing a counterfactual …