메뉴 건너뛰기




Volumn 55, Issue 7, 2009, Pages 1170-1183

Technological innovation and acquisitions

Author keywords

Acquisitions; Citations; Innovation; Mergers; Patents; R and D; Stock returns

Indexed keywords

ACQUISITIONS; CITATIONS; MERGERS; PATENTS; R AND D; STOCK RETURNS;

EID: 68349102124     PISSN: 00251909     EISSN: 15265501     Source Type: Journal    
DOI: 10.1287/mnsc.1090.1018     Document Type: Article
Times cited : (94)

References (28)
  • 2
    • 0000614726 scopus 로고    scopus 로고
    • Technological acquisitions and the innovation performance of acquiring firms: A longitudinal study
    • Ahuja, G., R. Katila. 2001. Technological acquisitions and the innovation performance of acquiring firms: A longitudinal study. Strategic Management J. 22 197-220.
    • (2001) Strategic Management J. , vol.22 , pp. 197-220
    • Ahuja, G.1    Katila, R.2
  • 3
    • 0344196717 scopus 로고    scopus 로고
    • Investigating the economic role of mergers
    • Andrade, G., E. Stafford. 2004. Investigating the economic role of mergers. J. Corporate Finance 10 1-36.
    • (2004) J. Corporate Finance , vol.10 , pp. 1-36
    • Andrade, G.1    Stafford, E.2
  • 6
    • 0002479105 scopus 로고
    • Synergistic gains from corporate acquisitions and their division between the stockholders of target and acquiring firms
    • Bradley, M., A. Desai, E. H. Kim. 1988. Synergistic gains from corporate acquisitions and their division between the stockholders of target and acquiring firms. J. Financial Econom. 21 3-40.
    • (1988) J. Financial Econom. , vol.21 , pp. 3-40
    • Bradley, M.1    Desai, A.2    Kim, E.H.3
  • 8
    • 0035336557 scopus 로고    scopus 로고
    • New drug development in U. S.
    • 1963-1999.
    • DiMasi, J. A. 2001. New drug development in U. S. 1963-1999. Clinical Pharmacology Therapeutics 69 286-296.
    • (2001) Clinical Pharmacology Therapeutics , vol.69 , pp. 286-296
    • DiMasi, J.A.1
  • 9
    • 0031066567 scopus 로고    scopus 로고
    • Industry costs of capital
    • Fama, E., K. French. 1997. Industry costs of capital. J. Financial Econom. 43 153-193.
    • (1997) J. Financial Econom , vol.43 , pp. 153-193
    • Fama, E.1    French, K.2
  • 10
    • 0000372860 scopus 로고
    • Patent statistics as economic indicators: A survey
    • Griliches, Z. 1990. Patent statistics as economic indicators: A survey. J. Econom. Literature 28 1661-1707.
    • (1990) J. Econom. Literature , vol.28 , pp. 1661-1707
    • Griliches, Z.1
  • 11
    • 0003213135 scopus 로고
    • The value of patents as indicators of inventive activity. P. dasgupta, P. stoneman
    • Chap. 4. Cambridge University Press, Cambridge, New York.
    • Griliches, Z., A. Pakes, B. H. Hall. 1987. The value of patents as indicators of inventive activity. P. Dasgupta, P. Stoneman, eds. Economic Policy and Technological Performance, Chap. 4. Cambridge University Press, Cambridge, New York.
    • (1987) Economic Policy and Technological Performance
    • Griliches, Z.1    Pakes, A.2    Hall, B.H.3
  • 14
    • 1842624175 scopus 로고    scopus 로고
    • Working paper, University of California, Berkeley.
    • Hall, B. H. 1999. Mergers and R&D revisited. Working paper, University of California, Berkeley.
    • (1999) Mergers and R&D Revisited
    • Hall, B.H.1
  • 15
    • 0000208496 scopus 로고
    • Patents and R&D: Is there a lag? internat
    • Hall, B. H., Z. Griliches, J. Hausman. 1986. Patents and R&D: Is there a lag? Internat. Econom. Rev. 27(2) 265-283.
    • (1986) Econom. Rev. , vol.27 , Issue.2 , pp. 265-283
    • Hall, B.H.1    Griliches, Z.2    Hausman, J.3
  • 16
    • 0003813926 scopus 로고    scopus 로고
    • The NBER patent citation data files: Lessons
    • insights and methodological tools. NBER Working Paper 8498, Cambridge, MA.
    • Hall, B. H., A. Jaffe, M. Trajtenberg. 2001. The NBER patent citation data files: Lessons, insights and methodological tools. NBER Working Paper 8498, National Bureau Economic Research, Cambridge, MA.
    • (2001) National Bureau Economic Research
    • Hall, B.H.1    Jaffe, A.2    Trajtenberg, M.3
  • 17
    • 44049122842 scopus 로고
    • Does corporate performance improves after mergers?
    • Healy, P. M., K. G. Palepu, R. S. Ruback. 1992. Does corporate performance improves after mergers? J. Financial Econom. 31 135-175.
    • (1992) J. Financial Econom , vol.31 , pp. 135-175
    • Healy, P.M.1    Palepu, K.G.2    Ruback, R.S.3
  • 18
    • 33645996683 scopus 로고    scopus 로고
    • The outsourcing of R&D through acquisitions in the pharmaceutical industry
    • Higgins, M. J., D. Rodriguez. 2006. The outsourcing of R&D through acquisitions in the pharmaceutical industry. J. Financial Econom. 80 351-383.
    • (2006) J. Financial Econom , vol.80 , pp. 351-383
    • Higgins, M.J.1    Rodriguez, D.2
  • 20
    • 0000357552 scopus 로고    scopus 로고
    • Corporate governance and merger activities in the united states: Making sense of the 1980s and 1990s
    • Holmstrom, B., S. Kaplan. 2001. Corporate governance and merger activities in the United States: Making sense of the 1980s and 1990s. J. Econom. Perspectives 15 121-144.
    • (2001) J. Econom. Perspectives , vol.15 , pp. 121-144
    • Holmstrom, B.1    Kaplan, S.2
  • 21
    • 0002296264 scopus 로고
    • The market for corporate control: The empirical evidence since 1980
    • Jarrell, G. A., J. A. Brickley, J. M. Netter. 1988. The market for corporate control: The empirical evidence since 1980. J. Econom. Perspectives 2 49-68.
    • (1988) J. Econom. Perspectives , vol.2 , pp. 49-68
    • Jarrell, G.A.1    Brickley, J.A.2    Netter, J.M.3
  • 22
    • 34447504242 scopus 로고
    • The market for corporate control: The scientific evidence
    • Jensen, M. C., R. S. Ruback. 1983. The market for corporate control: The scientific evidence. J. Financial Econom. 11 5-50.
    • (1983) J. Financial Econom , vol.11 , pp. 5-50
    • Jensen, M.C.1    Ruback, R.S.2
  • 23
    • 36448949426 scopus 로고    scopus 로고
    • Innovation and incentives: Evidence from corporate R&D.
    • Lerner, J., J. Wulf. 2007. Innovation and incentives: Evidence from corporate R&D. Rev. Econom. Statist. 87 634-644.
    • (2007) Rev. Econom. Statist , vol.87 , pp. 634-644
    • Lerner, J.1    Wulf, J.2
  • 24
    • 0008744302 scopus 로고    scopus 로고
    • Do long-term shareholders benefit from corporate acquisitions?
    • Loughran, T., A. M. Vijh. 1997. Do long-term shareholders benefit from corporate acquisitions? J. Finance 52 1765-1790.
    • (1997) J. Finance , vol.52 , pp. 1765-1790
    • Loughran, T.1    Vijh, A.M.2
  • 26
    • 15944391877 scopus 로고
    • Wealth destruction on a massive scale: A study of acquiring firm returns in the merger wave of the late
    • 2005.
    • Moeller, S. B., F. P. Schlingemann, R. M. Stulz. 2005. Wealth destruction on a massive scale: A study of acquiring firm returns in the merger wave of the late 1990s. J. Finance 60 757-782.
    • (1990) J. Finance , vol.60 , pp. 757-782
    • Moeller, S.B.1    Schlingemann, F.P.2    Stulz, R.M.3
  • 27
    • 0001012637 scopus 로고    scopus 로고
    • Glamour, value and the postacquisition performance of acquiring firms
    • Rau, R. P., T. Vermaelen. 1998. Glamour, value and the postacquisition performance of acquiring firms. J. Financial Econom. 49 223-253.
    • (1998) J. Financial Econom , vol.49 , pp. 223-253
    • Rau, R.P.1    Vermaelen, T.2
  • 28
    • 0003218355 scopus 로고
    • A penny for your quotes: Patent citations and the value of innovations
    • Trajtenberg, M. 1990. A penny for your quotes: Patent citations and the value of innovations. RAND J. Econom. 21 172-187.
    • (1990) RAND J. Econom , vol.21 , pp. 172-187
    • Trajtenberg, M.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.