ترجمه مقاله نقش ضروری ارتباطات 6G با چشم انداز صنعت 4.0
- مبلغ: ۸۶,۰۰۰ تومان
ترجمه مقاله پایداری توسعه شهری، تعدیل ساختار صنعتی و کارایی کاربری زمین
- مبلغ: ۹۱,۰۰۰ تومان
Concluding remarks
In this study, we integrated the M&A and innovation literatures to examine and explain the changes that the quality of inventive activity may witness in the aftermath of rivals' M&A. From the M&A literature, we drew on the notion that M&A change firms' innovation strategy because of an increased focus on the short-term, and of the energy absorbed by the integration process. From the innovation literature, we drew on the idea that firms respond strategically to rivals' competitive moves shaping their innovation strategy accordingly. We then discussed how a firm's technological performance will be positively associated with rival firms' acquisition intensity, and we found empirical evidence consistent with this hypothesis. Furthermore, we showed that this change is also associated with an increase in firms' breadth of technological search.