Artikel Jurnal
Effects of acquisitions on r&d inputs and outputs
Pengarang:
Hitt, Michael A. - ; Harrison, Jeffrey S. - ; Ireland, R. Duane - ; Hoskisson, Robert E. -
Deskripsi
Making acquisitions, although a popular strategy, may not always lead to positive firm performance. Researchers have offered several explanations for this relationship. One is that acquisitions lead to lower investments in R&D and curtail the championing process whereby organization members internally promote new products and processes in firms. The current research found that acquisitions had negative effects on "R&D intensity" and "patent intensity."