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Technology-focused Acquisitions : Performance and Functionality as Differentiators /

Technology-focused acquisitions are an important complement to the firm's internal product development efforts. There is considerable heterogeneity when comparing individual technology-focused acquisitions - especially with respect to acquisit.

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Stein, Jan Paul (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Alemán
Publicado: München ; Wien : De Gruyter Oldenbourg, [2017]
Temas:
Acceso en línea:Texto completo
Descripción
Sumario:Technology-focused acquisitions are an important complement to the firm's internal product development efforts. There is considerable heterogeneity when comparing individual technology-focused acquisitions - especially with respect to acquisit.
Technology-focused acquisitions are an important complement to the firm's internal product development efforts. There is considerable heterogeneity when comparing individual technology-focused acquisitions - especially with respect to acquisition timing and the deal value. To resolve some of this heterogeneity the author introduces the novel distinction between performance- and functionality-focused acquisitions. He characterizes this distinction based on a theoretical analysis, a qualitative study, and turns to a sample of acquisitions in the field of artificial intelligence for the quantitative study. There are two key findings. First, performance-focused acquisitions take place earlier in a target's life cycle than functionality-focused ones. Second, the deal value is - at a comparable stage in a target's life cycle - higher for performance-focused acquisitions. This thesis is relevant for management scholars and managers alike: Scholars learn about the implications of the distinction between performance- and functionality-focused acquisitions on markets for technology. Managers gain insights into how this distinction may guide their strategic decision making.
Descripción Física:1 online resource (228 pages)
Bibliografía:Includes bibliographical references.
ISBN:9783110562095
311056209X
9783110559309
3110559307
9783110562101
3110562103