The EÚ ect of Mergers and Acquisitions on the Technological Performance of Companies in a High-tech Environment

نویسندگان

  • JOHN HAGEDOORN
  • GEERT DUYSTERS
  • John Hagedoorn
  • G. Duysters
چکیده

A large part of the literature from industrial organization and management expects that, compared with unrelated M&As, related M&As show superior economic performance because of synergetic eÚects that follow from economies of scale and scope. The current contribution takes the debate on the eÚect of diÚerent M&As somewhat further by studying the eÚect of M&As on the technological performance of companies. In this study the technological performance of M&As is related to a hightech sector, i.e. the international computer industry. The main result of this research is that the so-called strategic and organizational Žt between companies involved in M&As seem to play an important role in improving the technological performance of companies

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The Effect of Mergers and Acquisitions on the Technological Performance of Companies in a High-tech Environment

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تاریخ انتشار 2005