search query: @author King, D.R. / total: 2
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| Author: | Heeley, M.B. King, D.R. Covin, J.G. |
| Title: | Effects of firm R&D investment and environment on acquisition likelihood |
| Journal: | Journal of Management Studies
2006 : NOV, VOL. 43:7, p. 1513-1535 |
| Index terms: | investment R&D |
| Freeterms: | acquisitions |
| Language: | eng |
| Abstract: | The possession of R&D investments as a part of firm technology resources often increases a firm's attractiveness as a potential acquisition target. However, the value ascribed to a firm's technology resources by would-be acquirers may be moderated by its industry's environmental characteristics. The authors use data from 2886 firms and find that investments in R&D predict acquisition likelihood and that R&D investments are strongly linked with acquisition of firms under conditions of high environmental munificence and dynamism. |
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