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The effect of mergers and acquisitions on the technological performance of companies in a high-tech environment

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Author Info

  • Duysters, G.

    (ECIS, Technical University of Eindhoven)

  • Hagedoorn, J.

    (MERIT, Maastricht)

Abstract

A large part of the literature from industrial organisation and management expects that, compared with unrelated M&As, related M&As show superior economic performance because of synergetic effects that follow from economies of scale and scope. The current contribution takes the debate on the effect of different M&As somewhat further by studying the effect of M&As on the technological performance of companies. In this study the technological performance of M&As is related to a high-tech sector, i.e. the computer industry. The main result of this research is that the so called strategic and organisational fit between companies involved in M&As seem to play an important role in improving the technological performance of companies.

(This abstract was borrowed from another version of this item.)

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Bibliographic Info

Paper provided by Eindhoven Center for Innovation Studies (ECIS) in its series Eindhoven Center for Innovation Studies (ECIS) working paper series with number 00.04.

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Date of creation: 2000
Date of revision:
Handle: RePEc:dgr:tuecis:0004

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Web page: http://ecis.ieis.tue.nl/

Related research

Keywords: mergers; acquisitions; technological performance;

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References

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Citations

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Cited by:
  1. Arijit Mukherjee & Enrico Pennings, 2004. "Imitation, patent protection, and welfare," Oxford Economic Papers, Oxford University Press, vol. 56(4), pages 715-733, October.
  2. Verspagen, B., 2000. "Growth and structural change: trends, patterns and policy options," Eindhoven Center for Innovation Studies (ECIS) working paper series 00.08, Eindhoven Center for Innovation Studies (ECIS).
  3. Verspagen,Bert & Schoenmakers,Wilfred, 2000. "The Spatial Dimension of Knowledge Spillovers in Europe: Evidence from Firm Patenting Data," Research Memorandum 016, Maastricht University, Maastricht Economic Research Institute on Innovation and Technology (MERIT).
  4. Aken, van J., 2001. "Improving the relevance of management research By developing tested and grounded technologiCAL RULES," Eindhoven Center for Innovation Studies (ECIS) working paper series 01.19, Eindhoven Center for Innovation Studies (ECIS).
  5. Marsili, O., 2000. "Technological regimes and sources of entrepreneurship," Eindhoven Center for Innovation Studies (ECIS) working paper series 00.10, Eindhoven Center for Innovation Studies (ECIS).
  6. Aken, van J.E., 2001. "Management research based on the paradigm of the design sciences: the quest for tested and grounded technological rules," Eindhoven Center for Innovation Studies (ECIS) working paper series 01.11, Eindhoven Center for Innovation Studies (ECIS).
  7. Lint, O. & Pennings, E., 2000. "The recently chosen digital video standard: playing the game within the game," Eindhoven Center for Innovation Studies (ECIS) working paper series 00.02, Eindhoven Center for Innovation Studies (ECIS).

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