Li, Jianan; Park, Haemin; Kwon, Jung Hyun - In: Journal of Strategy and Management 17 (2024) 4, pp. 562-586
technological overlap between acquiring and target firms influences acquisition premiums. We further explore how the resulting … robust to an alternative two-way clustering approach. Findings We suggest that a low level of technological overlap between … reveal different dynamics, as technology leakage and national security concerns might make technological overlap a more …
