Wu, Cheng-Wei; Reuer, Jeffrey J. - In: Journal of risk and financial management : JRFM 14 (2021) 5, pp. 1-27
We investigate how intangible assets in the form of R&D influence firms' hazards of engaging in international acquisitions. On the one hand, previous research has noted that the tacit and redeployable nature of R&D investments may prompt firms to expand their operations overseas and create value...