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Absorptive capacity and post-acquisition inventor productivity

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  • Katrin Hussinger

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Abstract

Inventors often experience a low productivity after their company has been subject to a merger or acquisition (M&As). It is of central managerial interest to identify factors facilitating the integration of new inventive staff and thereby counteracting innovation declines after M&As. This paper provides empirical evidence into the role of acquiring firms’ absorptive capacity for the post-merger patent productivity of the acquired inventors. Based on a sample of 544 inventors employed by European acquisition targets in the period 2000–2001 it is shown that the post-merger productivity of acquired inventors is significantly higher within acquiring firms with a distinct absorptive capacity. It can be concluded that absorptive capacity is a firm capability that enhances the integration of inventors after firm takeovers. Copyright The Author(s) 2012

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Bibliographic Info

Article provided by Springer in its journal The Journal of Technology Transfer.

Volume (Year): 37 (2012)
Issue (Month): 4 (August)
Pages: 490-507

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Handle: RePEc:kap:jtecht:v:37:y:2012:i:4:p:490-507

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Web page: http://www.springerlink.com/link.asp?id=104998

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Keywords: M&As; Absorptive capacity; Inventor productivity; O30; O32; G34;

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  1. Ravenscraft, David J & Scherer, F M, 1987. "Life after Takeover," Journal of Industrial Economics, Wiley Blackwell, vol. 36(2), pages 147-56, December.
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Cited by:
  1. Stephan Hess & Roland Siegwart, 2013. "R&D Venture: proposition of a technology transfer concept for breakthrough technologies with R&D cooperation: A case study in the energy sector," The Journal of Technology Transfer, Springer, vol. 38(2), pages 153-179, April.

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