Showing 1 - 10 of 14
This paper addresses the key determinants of merger failure, in particularthe role of innovation (post-merger … introduce a model of process innovation where merged firmsexibit intra-merger spillover of knowledge under different market … model implications for merger failure for M&A datafrom the US biotechnology industry in the 90s. We find that post …
Persistent link: https://www.econbiz.de/10005860566
We analyze market dynamics under Bertrand duopoly competition in industries with network effects and consumer switching …
Persistent link: https://www.econbiz.de/10005863289
Little is known about the relationship between family firms and their employees. This paper aims to close this gap. We distinguish between family management and family ownership as two dimensions of family firms and analyze their respective influence on downsizing. Our findings show that family...
Persistent link: https://www.econbiz.de/10005860572
The purpose of this study is to extend the current understanding of business divestiture by investigating its potential for triggering strategic reorientation. A divestiture involving strategic reorientation is here denoted as a strategic business exit, otherwise it is a status...
Persistent link: https://www.econbiz.de/10005860846
This paper analyses the link between sustainability-related innovation and sustainability performance and the role that … that are family-owned. Governments often support environmentally and socially beneficial innovation withvarious policy … will foster such innovation in their organisation. Hence the main research question of thispaper is about the association …
Persistent link: https://www.econbiz.de/10005860513
Innovation activities in high tech industries provide considerable challenges for technology and innovation management … with different aspects of acquisition behaviour. Particular focus is put on innovation-related firm characteristics. The … paper finds that the determinants for acquisitions are mostly related to firm size, financial conditions and geographical …
Persistent link: https://www.econbiz.de/10005860835
convergence, the telecommunications in the 1990s witnessed an enormous worldwide round of Mergers & Acquisitions (M&A). Given both … significantly positive changes to the firm’s post-merger innovation performance. The effectsof M&A on innovation performance are in … M&A and Innovation a major means of today’s competitive strategy development, this paper examines the innovation …
Persistent link: https://www.econbiz.de/10005860984
The interaction between trade liberalisation, product and process innovation, and relative skill demand is analysed in … a model of international oligopoly. Lower trading barriers increase the degree of foreign competition. The competing … substitutability of their products through additional investment in product innovation. The paper also shows that the relative demand …
Persistent link: https://www.econbiz.de/10005861205
-price auction since holding an auction may leave higher rents to firms when the innovation technology is subject to large random …
Persistent link: https://www.econbiz.de/10005861970
, only to find themselves later in competition stronger than ever seen before. This"hyper"competition may lead to a too fast … rate of innovation causing a social welfare loss.Concentrating on two measures, namely the tax rate and terms of …, doing the same for industries acting on globalmarkets will make domestic companies being losers in global competition. The …
Persistent link: https://www.econbiz.de/10005868792