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The Impact of Acquisitions on Innovation: Poison Pill, Placebo, or Tonic?
Do acquisitions increase, decrease, or have no effect on innovation? The empirical research on this question suggests that acquisitions may hurt innovation; that is, they may be a "poison pill" for innovation. The authors present an alternative view. For firms that first engage in internal knowledge development, the knowledge-based view the authors present suggests that acquisitions can help innovation; that is, they can be a tonic for innovation. Analysis of cross-sectional, time-series data on a sample of pharmaceutical firms during 1988-1997 provides evidence to support the thesis. Printed Journal
Ketersediaan
| Call Number | Location | Available |
|---|---|---|
| JM6901 | PSB lt.dasar - Pascasarjana | 1 |
| Penerbit | Chicago: American Marketing Association 2005 |
|---|---|
| Edisi | Vol. 69, No. 1, Jan., 2005 |
| Subjek | Product development Pharmaceutical industry Statistical analysis Innovations Acquisitions & Mergers Hypotheses studies |
| ISBN/ISSN | 0022-2429 |
| Klasifikasi | NONE |
| Deskripsi Fisik | 17 p. |
| Info Detail Spesifik | Journal of Marketing |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas |