Full Description
This book examines the issue of mergers and acquisitions (M&As) in the context of technological development, and in particular the impact of M&As on the innovation process. In so doing, the book integrates two bodies of literature, on M&As, and on innovation studies, a nexus which the editors contend represents an important step in the advancement of our understanding of both with clear implications for competitive advantage and growth of firms. Drawing on perspectives from both management and economics, the book offers a cohesive blend of theory, methodology, and a wealth of empirical material.The synthesis of managerial and economic analysis of the effects of M&As on innovation will be of great interest to academics and students in management and economics, as well as high-level managers and policymakers.
Contents
Contents:
Foreword
Theodius Lennon
1. Introduction
Bruno Cassiman and Massimo G. Colombo
2. Trends in Mergers and Acquisitions
Leo Sleuwaegen and Giovanni Valentini
3. Evolution of Markets, Technology and M&A
John Cantwell and Grazia D. Santangelo
4. Literature Review
Reinhilde Veugelers
5. M&A and Innovation: A Conceptual Framework
Bruno Cassiman and Masako Ueda
6. The Methodology of the Empirical Analysis: The Relatedness of Partners
Bruno Cassiman
7. The Sample of M&A: Descriptive Statistics
Massimo G. Colombo and Paola Garrone
8. The Impact of M&A on Innovation: Empirical Results
Massimo G. Colombo and Paola Garrone
9. Four Case Studies
Bruno Cassiman, Veerle Minne, Tom Pellens, Dafne Reymen and Geert Steurs
10. Concluding Remarks
Bruno Cassiman and Massimo G. Colombo
References
Index
