By combining two large data sets (on international trade flows and on mergers and acquisitions M&As), we are able to …

Technological change is often hypothesized as one of the main drivers of merger activities. This paper analyzes the … structural model to investigate technology-related motivations behind merger formation. Distinguishing between cross-border and … domestic M&As. The relevance of technology for crossborder M&As further illustrates the international character of technology …