Purpose – The purpose of this paper is to determine what the effects of acquisition are on R&D patterns. Design/methodology/approach – This paper tests whether the actual post‐acquisition R&D intensity of the combined firm deviated from the predicted R&D intensity, where the predicted...

A technology motivated acquirer can use a target's technology to supplement or substitute for its own internal research. The impact of the extent of integration on post-acquisition performance is further complicated by the effects of pre-acquisition research relatedness between the target and...

This study identifies the changes affecting the Canadian forest products industry and relates those changes to imperatives facing Canadian firms to modify their corporate and business-level strategies. The paper investigates the role of innovation strategies and suggests changes to institutional...

There were a large number of US drug company takeovers in the 1990s by both foreign and domestic acquirers. Observation of the absolute difference between target and acquirer R&D intensity suggests there is no difference between foreign and domestic technology-sourcing patterns. However, a...

The average expense ratio paid by Canadian mutual fund investors is 50% higher than that paid in the United States. This discrepancy is commonly thought to exist because Canadian funds do not take advantage of economies of scale and have less competition. A monopolistic competition framework is...

This paper investigates why Japanese investors in the United States tend to locate foreign affiliates near concentrations of U.S. and Japanese establishments in their own industry. We hypothesize that the tendency to agglomerate varies according to attributes of industries, and our empirical...