The effect of mergers and acquisitions on the technological performance of companies in a high-tech environment
AbstractA 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.
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Bibliographic InfoPaper provided by Maastricht University in its series Open Access publications from Maastricht University with number urn:nbn:nl:ui:27-4286.
Date of creation: 2002
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Publication status: Published in Technology analysis & strategic management (2002) v.14, p.67-85
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Other versions of this item:
- Duysters, G. & Hagedoorn, J., 2000. "The effect of mergers and acquisitions on the technological performance of companies in a high-tech environment," Eindhoven Center for Innovation Studies (ECIS) working paper series 00.04, Eindhoven Center for Innovation Studies (ECIS).
- Hagedoorn,John & Duysters,Geert, 2000. "The Effect of Mergers and Acquisitions on the Technological Performance of Companies in a High-tech Environment," Research Memoranda 010, Maastricht : MERIT, Maastricht Economic Research Institute on Innovation and Technology.
- Hagedoorn, John & Duysters, Geert, 2002. "The effect of mergers and acquisitions on the technological performance of companies in a high-tech environment," Open Access publications from Maastricht University urn:nbn:nl:ui:27-13057, Maastricht University.
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