haku: @indexterm INVESTMENT / yhteensä: 2128
viite: 109 / 2128
| Tekijä: | Heeley, M.B. King, D.R. Covin, J.G. |
| Otsikko: | Effects of firm R&D investment and environment on acquisition likelihood |
| Lehti: | Journal of Management Studies
2006 : NOV, VOL. 43:7, p. 1513-1535 |
| Asiasana: | investment R&D |
| Vapaa asiasana: | acquisitions |
| Kieli: | eng |
| Tiivistelmä: | 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. |
SCIMA