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The paper investigates the effects of Mergers and Acquisitions (M&A) on corporate research and development (R&D) strategies using Community Innovation Survey (CIS) data on the Dutch manufacturing sector. The focus of the research is whether M&A affect corporate innovation strategies, favouring...
Persistent link: https://www.econbiz.de/10010328364
Persistent link: https://www.econbiz.de/10013493062
Using a game theoretical model on firms' simultaneous investments in product and process innovation, we deduct and empirically test hypotheses on the optimal R&D portfolio, investment, performance, and dynamic efficiency of R&D for acquisitions and in independently competing firms. We use...
Persistent link: https://www.econbiz.de/10005123533
The paper investigates the effects of mergers and acquisitions (M&A) on corporate research and development (R&D) strategies using Community Innovation Survey data on the Dutch manufacturing sector. The focus of the research is whether M&A affect corporate innovation strategies, favouring...
Persistent link: https://www.econbiz.de/10008603433