Carte Choosing the Right Target Yu Yu

Choosing the Right Target

Relative preferences for resource similarity and complementarity in acquisition choice

Limbă: engleză
Legare: Carte broșată
Disponibilitate: În depozitul extern
Expediem în 5-8 zile
172.46 lei
Corporate acquisition is a popular way for firms to grow and obtain innovative resources. However, w...

Informații despre carte

Limbă
engleză
Legare
Carte - Carte broșată
Publicat
2017
Pagini
60
EAN
9783330072183
Enbook ID
16608899
Greutate
107
Dimensiuni
150 x 220 x 4

Descriere completă

Corporate acquisition is a popular way for firms to grow and obtain innovative resources. However, we know little about why acquirers choose one firm over another. We capture the influence of similarity and complementarity between acquirers' and target firms' products (current innovative value) and R&D pipelines (future innovative value) on whether a particular target firm is acquired. Insights from the Pharmaceutical industry reveal that acquirers value similarity and complementarity in target firms differently, based on whether the comparison being made is with respect to their products or their R&D pipelines. Regarding their R&D pipelines, acquirers prefer that the target firm has similar, rather than complementarity, resources. However, the opposite is true concerning their own products: acquirers prefer that the target firm has complementarity, versus similar, resources.

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