The impact of M&As on company innovation: evidence from the US medical device industry
Author
Abstract
Suggested Citation
DOI: 10.1007/s11192-009-0096-9
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Hall, Bronwyn H & Griliches, Zvi & Hausman, Jerry A, 1986. "Patents and R and D: Is There a Lag?," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 27(2), pages 265-283, June.
- Lerner, Josh & Merges, Robert P, 1998. "The Control of Technology Alliances: An Empirical Analysis of the Biotechnology Industry," Journal of Industrial Economics, Wiley Blackwell, vol. 46(2), pages 125-156, June.
- Cassiman, Bruno & Colombo, Massimo G. & Garrone, Paola & Veugelers, Reinhilde, 2005.
"The impact of M&A on the R&D process: An empirical analysis of the role of technological- and market-relatedness,"
Research Policy, Elsevier, vol. 34(2), pages 195-220, March.
- Cassiman, Bruno & Colombo, Massimo & Garrone, Paola & Veugelers, Reinhilde, 2003. "Impact of M&A on the R&D process. An empirical analysis of the role of technological and market relatedness, The," IESE Research Papers D/500, IESE Business School.
- Josh Lerner & Robert P. Merges, 1998. "The Control of Technology Alliances: An Empirical Analysis of the Biotechnology Industry," Journal of Industrial Economics, Wiley Blackwell, vol. 46(2), pages 125-156, June.
- Patel, Pari & Pavitt, Keith, 1997. "The technological competencies of the world's largest firms: Complex and path-dependent, but not much variety," Research Policy, Elsevier, vol. 26(2), pages 141-156, May.
- Hall, Bronwyn H & Ziedonis, Rosemarie Ham, 2001. "The Patent Paradox Revisited: An Empirical Study of Patenting in the U.S. Semiconductor Industry, 1979-1995," RAND Journal of Economics, The RAND Corporation, vol. 32(1), pages 101-128, Spring.
- Show‐Ling Jang & Guo‐Gang Huang, 2005. "Public R&D And Industrial Innovations At The Project Levels: An Exploration Of Taiwan'S Public Research Projects," Contemporary Economic Policy, Western Economic Association International, vol. 23(4), pages 636-646, October.
- Cloodt, Myriam & Hagedoorn, John & Van Kranenburg, Hans, 2006. "Mergers and acquisitions: Their effect on the innovative performance of companies in high-tech industries," Research Policy, Elsevier, vol. 35(5), pages 642-654, June.
- Roijakkers, Nadine & Hagedoorn, John, 2006. "Inter-firm R&D partnering in pharmaceutical biotechnology since 1975: Trends, patterns, and networks," Research Policy, Elsevier, vol. 35(3), pages 431-446, April.
- Arora, Ashish & Gambardella, Alfonso, 1990. "Complementarity and External Linkages: The Strategies of the Large Firms in Biotechnology," Journal of Industrial Economics, Wiley Blackwell, vol. 38(4), pages 361-379, June.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Yagi, Michiyuki & Managi, Shunsuke, 2018.
"Shadow price of patent stock as knowledge stock: Time and country heterogeneity,"
Economic Analysis and Policy, Elsevier, vol. 60(C), pages 43-61.
- Yagi, Michiyuki & Managi, Shunsuke, 2018. "Shadow price of patent stock as knowledge stock: Time and country heterogeneity," MPRA Paper 89146, University Library of Munich, Germany.
- Voss, Philipp S.R., 2022. "Innovation Performance in Healthcare M&A: An Empirical Analysis," Junior Management Science (JUMS), Junior Management Science e. V., vol. 7(4), pages 1164-1192.
- Dong Geun Choi & Heesang Lee & Tae-kyung Sung, 2011. "Research profiling for ‘standardization and innovation’," Scientometrics, Springer;Akadémiai Kiadó, vol. 88(1), pages 259-278, July.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Stiebale, Joel, 2016.
"Cross-border M&As and innovative activity of acquiring and target firms,"
Journal of International Economics, Elsevier, vol. 99(C), pages 1-15.
- Stiebale, Joel, 2014. "Cross-border M&As and innovative activity of acquiring and target firms," DICE Discussion Papers 158, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
- Joel Stiebale, 2014. "Cross-Border M&As and Innovative Activity of Acquiring and Target Firms," Discussion Papers 2014-06, University of Nottingham, GEP.
- Stiebale, Joel, 2015. "Cross-Border M&As and Innovative Activity of Acquiring and Target Firms," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 112898, Verein für Socialpolitik / German Economic Association.
- Marcela Miozzo & Lori DiVito & Panos Desyllas, 2011. "Cross-border acquisitions of science-based firms: Their effect on innovation in the acquired firm and the local science," DRUID Working Papers 11-17, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
- Reuer, Jeffrey & Devarakonda, S.V., 2015. "Mechanisms of hybrid governance : Administrative committees in non-equity alliances," Other publications TiSEM 063d9ccc-59c8-4e76-a77d-8, Tilburg University, School of Economics and Management.
- Arora, Ashish & Gambardella, Alfonso, 2010. "The Market for Technology," Handbook of the Economics of Innovation, in: Bronwyn H. Hall & Nathan Rosenberg (ed.), Handbook of the Economics of Innovation, edition 1, volume 1, chapter 0, pages 641-678, Elsevier.
- Maria Chiara Di Guardo & Kathryn Rudie Harrigan & Elona Marku, 2019. "M&A and diversification strategies: what effect on quality of inventive activity?," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 23(3), pages 669-692, September.
- Figueroa, Nicolás & Serrano, Carlos J., 2019.
"Patent trading flows of small and large firms,"
Research Policy, Elsevier, vol. 48(7), pages 1601-1616.
- Nicolas Figueroa & Carlos J. Serrano, 2013. "Patent Trading Flows of Small and Large Firms," NBER Working Papers 18982, National Bureau of Economic Research, Inc.
- Billette de Villemeur, Etienne & Versaevel, Bruno, 2019.
"One lab, two firms, many possibilities: On R&D outsourcing in the biopharmaceutical industry,"
Journal of Health Economics, Elsevier, vol. 65(C), pages 260-283.
- Billette de Villemeur, Etienne & Versaevel, Bruno, 2017. "One Lab, Two Firms, Many Possibilities: on R&D outsourcing in the biopharmaceutical industry," MPRA Paper 76903, University Library of Munich, Germany.
- Etienne Billette de Villemeur & Bruno Versaevel, 2019. "One Lab, Two Firms, Many Possibilities: on R&D outsourcing in the biopharmaceutical industry," Post-Print hal-02107357, HAL.
- Bruno Versaevel, 2018. "One lab, two firms, many Possibilities: On R&D outsourcing in the biopharmaceutical industry," Post-Print halshs-01960435, HAL.
- Bruno Versaevel, 2018. "One lab, two firms, many Possibilities: On R&D outsourcing in the biopharmaceutical industry," Post-Print halshs-01960426, HAL.
- Devarakonda, Ramakrishna & Reuer, Jeffrey J. & Tadikonda, Harsha, 2022. "Founder social capital and value appropriation in R&D alliance agreements," Research Policy, Elsevier, vol. 51(4).
- Fabio Sorrentino & Francesco Garraffo, 2012. "Explaining performing R&D through alliances: Implications for the business model of Italian dedicated biotech firms," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 16(3), pages 449-475, August.
- Carlos J. Serrano, 2010.
"The dynamics of the transfer and renewal of patents,"
RAND Journal of Economics, RAND Corporation, vol. 41(4), pages 686-708, December.
- Carlos J. Serrano, 2006. "The Dynamics of the Transfer and Renewal of Patents," Working Papers tecipa-227, University of Toronto, Department of Economics.
- Carlos J. Serrano, 2008. "The Dynamics of the Transfer and Renewal of Patents," NBER Working Papers 13938, National Bureau of Economic Research, Inc.
- Nancy Gallini & Suzanne Scotchmer, 2002.
"Intellectual Property: When Is It the Best Incentive System?,"
NBER Chapters, in: Innovation Policy and the Economy, Volume 2, pages 51-78,
National Bureau of Economic Research, Inc.
- Gallini, Nancy & Scotchmer, Suzanne, 2001. "Intellectual Property: When Is It the Best Incentive System?," Department of Economics, Working Paper Series qt9wx2c2hz, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Nancy Gallini & Suzanne Scotchmer, 2003. "Intellectual Property: When is it the Best Incentive System?," Levine's Working Paper Archive 618897000000000532, David K. Levine.
- Nancy Gallini & Suzanne Scotchmer, 2002. "Intellectual Property: When Is It the Best Incentive System?," Law and Economics 0201001, University Library of Munich, Germany.
- Nancy Gallini and Suzanne Scotchmer., 2001. "Intellectual Property: When Is It the Best Incentive System?," Economics Working Papers E01-303, University of California at Berkeley.
- Patrick Llerena & Muge Ozman, 2013.
"Networks, irreversibility and knowledge creation,"
Journal of Evolutionary Economics, Springer, vol. 23(2), pages 431-453, April.
- Patrick Llerena & Muge Ozman, 2010. "Networks, Irreversibility and Knowledge Creation," Working Papers of BETA 2010-10, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
- Patrick Llerena & Müge Özman Gossart, 2011. "Networks, irreversibility and knowledge creation," Post-Print hal-02438004, HAL.
- Roberta Piergiovanni & Enrico Santarelli, 2013.
"The more you spend, the more you get? The effects of R&D and capital expenditures on the patenting activities of biotechnology firms,"
Scientometrics, Springer;Akadémiai Kiadó, vol. 94(2), pages 497-521, February.
- Roberta Piergiovanni & Enrico Santarelli, 2010. "The More You Spend, the More You Get? The Effects of R&D and Capital Expenditures on the Patenting Activities of Biotechnology Firms," JRC Working Papers on Corporate R&D and Innovation 2010-06, Joint Research Centre.
- Katila, Riitta & Mang, Paul Y., 2003. "Exploiting technological opportunities: the timing of collaborations," Research Policy, Elsevier, vol. 32(2), pages 317-332, February.
- John Hagedoorn & Boris Lokshin & Stéphane Malo, 2018.
"Alliances and the innovation performance of corporate and public research spin-off firms,"
Small Business Economics, Springer, vol. 50(4), pages 763-781, April.
- Hagedoorn, John & Lokshin, Boris & Malo, Stéphane, 2016. "Alliances and the innovation performance of corporate and public research spin-off firms," Research Memorandum 041, Maastricht University, Graduate School of Business and Economics (GSBE).
- Srikanth Paruchuri, 2010. "Intraorganizational Networks, Interorganizational Networks, and the Impact of Central Inventors: A Longitudinal Study of Pharmaceutical Firms," Organization Science, INFORMS, vol. 21(1), pages 63-80, February.
- H. Kevin Steensma & Mukund Chari & Ralph Heidl, 2016. "A Comparative Analysis of Patent Assertion Entities in Markets for Intellectual Property Rights," Organization Science, INFORMS, vol. 27(1), pages 2-17, February.
- Neus Palomeras & David Wehrheim, 2021. "The strategic allocation of inventors to R&D collaborations," Strategic Management Journal, Wiley Blackwell, vol. 42(1), pages 144-169, January.
- Roijakkers, Nadine & Hagedoorn, John & van Kranenburg, Hans, 2005. "Dual market structures and the likelihood of repeated ties - evidence from pharmaceutical biotechnology," Research Policy, Elsevier, vol. 34(2), pages 235-245, March.
- Oh, Yoojin & Yoo, Nina, 2022. "Effective cooperation modes based on cultural and market similarities in interfirm relationships," Journal of International Management, Elsevier, vol. 28(1).
More about this item
Keywords
US medical device industry; M&A; Patent stock; Patent diversity;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:scient:v:84:y:2010:i:1:d:10.1007_s11192-009-0096-9. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.