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innovation-related firm characteristics. The paper confirms a substitutive relationship between acquisitions and own research … geographical origin of the firm matter for acquisition behaviour. -- Acquisition ; innovation ; high technology ; quantitative …Innovation activities in high technology industries provide considerable challenges for technology and innovation …
Persistent link: https://www.econbiz.de/10003770787
with different aspects of acquisition behaviour. Particular focus is put on innovation-related firm characteristics. The …Innovation activities in high tech industries provide considerable challenges for technology and innovation management … origin of the firm. Only for biotechnology, a substitutive relationship is identified between acquisitions and own research …
Persistent link: https://www.econbiz.de/10010263707
with different aspects of acquisition behaviour. Particular focus is put on innovation-related firm characteristics. The … activities. -- acquisition ; innovation ; semiconductor ; design ; automation ; biotechnology …Innovation activities in high tech industries provide considerable challenges for technology and innovation management …
Persistent link: https://www.econbiz.de/10003635055
reducing bidding competition, thereby also reducing acquisition prices and innovation incentives. … of commercialization (entry or sale) in network industries showing that high equilibrium acquisition prices are driven by … more important when there is an increase in network effects. A consequence is higher innovation incentives under an …
Persistent link: https://www.econbiz.de/10010320239
that acquisition increases the innovation effort of the acquirer but only temporarily. After 1.5 year, there is no longer a … significant impact of the acquisition on the acquirer’s innovation effort. This decline is relatively larger when the acquired … them have been reviewed by competition authorities and little is known on their evolution after acquisition. This paper …
Persistent link: https://www.econbiz.de/10014505345
developers reallocate innovation efforts to unaffected apps and that affected markets experience less entry post-acquisition. … Google Play Store. We find that competing apps tend to innovate less following an acquisition by GAFAM, while there seems to …
Persistent link: https://www.econbiz.de/10012793220
Antitrust reform advocates view the acquisition of small innovative companies by large technology “platform” companies …, and will additionally drive more in-house innovation at the big firms and less external innovation. Similarly, these … prohibitions on later-stage acquisitions are shown to reduce the returns to innovation, reducing technological advancement in the …
Persistent link: https://www.econbiz.de/10013231953
reducing bidding competition, thereby also reducing acquisition prices and innovation incentives. -- Acquisitions … of commercialization (entry or sale) in network industries showing that high equilibrium acquisition prices are driven by … more important when there is an increase in network effects. A consequence is higher innovation incentives under an …
Persistent link: https://www.econbiz.de/10008936956
reducing bidding competition, thereby also reducing acquisition prices and innovation incentives … of commercialization (entry or sale) in network industries showing that high equilibrium acquisition prices are driven by … more important when there is an increase in network effects. A consequence is higher innovation incentives under an …
Persistent link: https://www.econbiz.de/10014043699
We study the effect of information technology (IT) investment and merger integration on the value derived from 118 mergers in the U.S. banking industry. We quantify integration depth based on expenditures in merger-related integration, and examine how pre-merger IT intensity of the acquiring...
Persistent link: https://www.econbiz.de/10013064622