IDEAS home Printed from https://ideas.repec.org/a/oup/indcch/v24y2015i2p383-415..html
   My bibliography  Save this article

Technological breadth and depth of knowledge in innovation: the role of mergers and acquisitions in biotech

Author

Listed:
  • Suman Lodh
  • Maria Rosa Battaggion

Abstract

We analyze the diffusion and integration of external knowledge by distinguishing between the depth and breadth of technological knowledge in combination with the type of partner and channel of exchange. Using a latent variable structural equation model with a sample of 202 US biotechnology firms between 1990 and 2009, we investigate the extent to which the mergers and acquisitions with different partners contribute to the depth and breadth of the focal firm’s knowledge base. Our analysis also addresses potential endogeneity issues and shows that acquisitions of related firms mainly increase the depth of knowledge, while acquisitions of unrelated firms develop the breadth of knowledge.

Suggested Citation

  • Suman Lodh & Maria Rosa Battaggion, 2015. "Technological breadth and depth of knowledge in innovation: the role of mergers and acquisitions in biotech," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 24(2), pages 383-415.
    • Handle: RePEc:oup:indcch:v:24:y:2015:i:2:p:383-415.
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1093/icc/dtu013
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ran Ma & Xiaodan Kong & Mianqing Wang & Xiangde Kong, 2023. "The Impact of Utility Model Patent Quality on Export Performance in China: A Moderated Mediation Effect Model," Sustainability, MDPI, vol. 15(10), pages 1-18, May.
    2. Hui Gao & Suming Wu, 2023. "The Influence of Ambidextrous Knowledge Search on Technological Innovation: The Mediating Role of Knowledge Base," SAGE Open, , vol. 13(4), pages 21582440231, December.
    3. Insoo Lee & Eungdo Kim, 2019. "Factors Affecting the Outbound Open Innovation Strategies in Pharmaceutical Industry: Focus on Out-Licensing Deal," JOItmC, MDPI, vol. 5(4), pages 1-13, September.
    4. Jiang, Cuiqing & Zhou, Yiru & Chen, Bo, 2023. "Mining semantic features in patent text for financial distress prediction," Technological Forecasting and Social Change, Elsevier, vol. 190(C).
    5. Shafique, Muhammad & Hagedoorn, John, 2022. "Look at U: Technological scope of the acquirer, technological complementarity with the target, and post-acquisition R&D output," Technovation, Elsevier, vol. 115(C).
    6. Karen Ruckman & Ian McCarthy, 2017. "Why do some patents get licensed while others do not?," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 26(4), pages 667-688.
    7. SUN, Yu-tao & ZHANG, Chen & WANG, Jin-min, 2022. "How to Benefit from Balancing External Knowledge Acquisition? A Chinese EIT Industry Case," Technological Forecasting and Social Change, Elsevier, vol. 178(C).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:indcch:v:24:y:2015:i:2:p:383-415.. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://academic.oup.com/icc .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.