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Does Patenting Increase the Probability of Being Acquired? Evidence from Cross-border and Domestic Acquisitions Author info | Abstract | Publisher info | Download info | Related research | Statistics JYRKI ALI-YRKKÖ
ARI HYYTINEN
MIKA PAJARINEN
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Paper provided by The Research Institute of the Finnish Economy in its series Discussion Papers with number
891.
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Date of creation: 01 Jan 2004Date of revision:
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References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Hannu Piekkola & Liisa Harmoinen, 2003.
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868, The Research Institute of the Finnish Economy.
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Juha Forsström & Juha Honkatukia & Pekka Sulamaa, 2003.
"Global Change and Energy Markets - Analysis the Effects of Nordic Electricity Market Integration on Environmental Policy Using GTAP-E Model ,"
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Reijo Mankinen & Petri Rouvinen & Lotta Väänänen & Pekka Ylä-Anttila, 2003.
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"Could Mr. and Mrs. Capital Market Imperfection Please Step Forward? An Empirical Analysis of Adverse Selection and Moral Hazard in Capital Markets ,"
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Sanford J. Grossman & Oliver D. Hart, 1980.
"Takeover Bids, the Free-Rider Problem, and the Theory of the Corporation ,"
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Mitchell, Mark L. & Mulherin, J. Harold, 1996.
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Terttu Luukkonen, 2003.
"Variability in Forms of Organisation in Biotechnology Firms ,"
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872, The Research Institute of the Finnish Economy.
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Ville Kaitila, 2003.
"Convergence of Real GDP per Capita in the EU15 area: How do the Accession Countries Fit in ? ,"
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Berger, Philip G & Ofek, Eli, 1996.
" Bustup Takeovers of Value-Destroying Diversified Firms ,"
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Rita Asplund & Jenni Oksanen, 2003.
"Functional Flexibility Strategies: Evidence from Companies in Five Small European Economies ,"
Discussion Papers
874, The Research Institute of the Finnish Economy.
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Ted O'Donoghue & Suzanne Scotchmer & Jacques-François Thisse, 1998.
"Patent Breadth, Patent Life, and the Pace of Technological Progress ,"
Journal of Economics & Management Strategy ,
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Jukka Jalava, 2003.
"Electrifying and Digitalizing the Finnish Manufacturing Industry: Historical Notes of Diffusion and Productivity ,"
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870, The Research Institute of the Finnish Economy.
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Raine Hermans, 2003.
"New Economic Geography of Market Potential - Innovation Intensity and Labor Structure in EU Regions ,"
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883, The Research Institute of the Finnish Economy.
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Ari Hyytinen & Pekka Ilmakunnas, 2004.
"Entrepreneurial Aspirations ,"
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890, The Research Institute of the Finnish Economy.
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Jyrki Ali-Yrkkö & Ari Hyytinen & Mika Pajarinen, 2005.
"Does patenting increase the probability of being acquired? Evidence from cross-border and domestic acquisitions ,"
Applied Financial Economics ,
Taylor and Francis Journals, vol. 15(14), pages 1007-1017, October.
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Other versions: Lerner, Josh & Merges, Robert P, 1998.
"The Control of Technology Alliances: An Empirical Analysis of the Biotechnology Industry ,"
Journal of Industrial Economics ,
Blackwell Publishing, vol. 46(2), pages 125-56, June.
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Gregor Andrade & Mark Mitchell & Erik Stafford, 2001.
"New Evidence and Perspectives on Mergers ,"
Journal of Economic Perspectives ,
American Economic Association, vol. 15(2), pages 103-120, Spring.
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Stulz, ReneM. & Johnson, Herb, 1985.
"An analysis of secured debt ,"
Journal of Financial Economics ,
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Ritva Hirvonen & Pekka Sulamaa & Eero Tamminen, 2003.
"Sähkömarkkinoiden keskeiset piirteet ja toiminta ,"
Discussion Papers
879, The Research Institute of the Finnish Economy.
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Bronwyn H. Hall & Adam B. Jaffe & Manuel Trajtenberg, 2001.
"The NBER Patent Citation Data File: Lessons, Insights and Methodological Tools ,"
NBER Working Papers
8498, National Bureau of Economic Research, Inc.
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Hall, Bronwyn H & Jaffe, Adam B & Trajtenberg, Manuel, 2001.
"The NBER Patent Citations Data File: Lessons, Insights and Methodological Tools ,"
CEPR Discussion Papers
3094, C.E.P.R. Discussion Papers.
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"The NBER Patent Citations Data File: Lessons, Insights and Methodological Tools ,"
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Palepu, Krishna G., 1986.
"Predicting takeover targets : A methodological and empirical analysis ,"
Journal of Accounting and Economics ,
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Raine Hermans, 2004.
"Finance of Small Bio-pharmaceutical Industry in Finland - Descriptive Analysis ,"
Discussion Papers
888, The Research Institute of the Finnish Economy.
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Jenni Oksanen, 2003.
"Knowledge and Learning in the Determination of the Optimal Form of Firm Organisation ,"
Discussion Papers
873, The Research Institute of the Finnish Economy.
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Anni Heikkilä & Hannu Piekkola, 2003.
"Economic Inequality and Household Production - The Effects of Specialization of Genders ,"
Discussion Papers
867, The Research Institute of the Finnish Economy.
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Ville Kaitila, 2003.
"An Assessment of Russia´s Growth Prospects in 2003 - 2010 ,"
Discussion Papers
869, The Research Institute of the Finnish Economy.
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Andrade, Gregor & Stafford, Erik, 2004.
"Investigating the economic role of mergers ,"
Journal of Corporate Finance ,
Elsevier, vol. 10(1), pages 1-36, January.
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Pekka Ilmakunnas & Mika Maliranta, 2003.
"Worker Inflow, Outflow, and Churning ,"
Discussion Papers
861, The Research Institute of the Finnish Economy.
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Other versions: Gort, Michael, 1969.
"An Economic Disturbance Theory of Mergers ,"
The Quarterly Journal of Economics ,
MIT Press, vol. 83(4), pages 624-42, November.
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Granstrand, Ove & Sjolander, Soren, 1990.
"The acquisition of technology and small firms by large firms ,"
Journal of Economic Behavior & Organization ,
Elsevier, vol. 13(3), pages 367-386, June.
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Kamien, Morton I., 1992.
"Patent licensing ,"
Handbook of Game Theory with Economic Applications ,
in: R.J. Aumann & S. Hart (ed.), Handbook of Game Theory with Economic Applications, edition 1, volume 1, chapter 11, pages 331-354
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Raine Hermans & Ismo Linnosmaa, 2003.
"Price Markups and R&D Inputs: The Pharmaceutical Industry in Finland and the USA ,"
Discussion Papers
877, The Research Institute of the Finnish Economy.
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Kenneth J. Arrow, 1975.
"Vertical Integration and Communication ,"
Bell Journal of Economics ,
The RAND Corporation, vol. 6(1), pages 173-183, Spring.
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La Porta, Rafael & Lopez-de-Silanes, Florencio & Shleifer, Andrei & Vishny, Robert, 2000.
"Investor protection and corporate governance ,"
Journal of Financial Economics ,
Elsevier, vol. 58(1-2), pages 3-27.
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references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Petri Rouvinen & Pekka Tsupari, 2004.
"Inter-firm Collaboration and Electronic Business: Effects on Profitability in Finalnd ,"
Discussion Papers
895, The Research Institute of the Finnish Economy.
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Tomi Hussi, 2004.
"A Managerial Relevance of Maintenance of Work Abilility. A Finnish Perspective ,"
Discussion Papers
897, The Research Institute of the Finnish Economy.
[Downloadable!]
Mika Maliranta & Satu Nurmi, 2004.
"Analyzing Entrepreneurship with the Finnish Linked Employer-Employee Data (FLEED).Matching and qualitative properties of the data ,"
Discussion Papers
920, The Research Institute of the Finnish Economy.
[Downloadable!]
Frey, Rainer & Hussinger, Katrin, 2006.
"The Role of Technology in M&As: A Firm Level Comparison of Cross-Border and Domestic Deals ,"
ZEW Discussion Papers
06-69, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
[Downloadable!]
Other versions: Jyrki Ali-Yrkkö, 2006.
"Technology Sourcing Through Acquisitions – Do High Quality Patents Attract Acquires? ,"
Discussion Papers
1025, The Research Institute of the Finnish Economy.
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Petri Rouvinen, 2004.
"Diffusion of Digital Mobile Telephony - Are Devoloping Countries Different? ,"
Discussion Papers
901, The Research Institute of the Finnish Economy.
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Other versions: Antti-Jussi Tahvanainen, 2004.
"Academic Spin-offs in Finnish Biotechnology ,"
Discussion Papers
900, The Research Institute of the Finnish Economy.
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Hannu Piekkola, 2004.
"Active Ageing Policies in Finland ,"
Discussion Papers
898, The Research Institute of the Finnish Economy.
[Downloadable!]
Markku Stenborg, 2004.
"Are There Biases in the Market Definition Procedure? ,"
Discussion Papers
903, The Research Institute of the Finnish Economy.
[Downloadable!]
Kari Alho, 2004.
"The Finnish EMU Buffers and the Labour Market under Asymmetric Shocks ,"
Discussion Papers
914, The Research Institute of the Finnish Economy.
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Liisa Leijola, 2004.
"The Education System in Finland - Development and Equality ,"
Discussion Papers
909, The Research Institute of the Finnish Economy.
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Pekka Ylä-Anttila & Jyrki Ali-Yrkkö & Martti Nyberg, 2004.
"Foreign Ownership in Finland - Boosting Firm Performance and Changing Corporate Governance ,"
Discussion Papers
904, The Research Institute of the Finnish Economy.
[Downloadable!]
Jyrki Ali-Yrkkö & Ari Hyytinen & Mika Pajarinen, 2004.
"Does Patenting Increase the Probability of Being Acquired? Evidence from Cross-border and Domestic Acquisitions ,"
Discussion Papers
891, The Research Institute of the Finnish Economy.
[Downloadable!]
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