A large part of the literature from industrial organisation and management expects that, compared with unrelated M&As, related M&As show superior economic performance because of synergetic effects that follow from economies of scale and scope. The current contribution takes the debate on the effect of different M&As somewhat further by studying the effect of M&As on the technological performance of companies. In this study the technological performance of M&As is related to a high-tech sector, i.e. the computer industry. The main result of this research is that the so called strategic and organisational fit between companies involved in M&As seem to play an important role in improving the technological performance of companies
|Place of Publication||Eindhoven|
|Publisher||Eindhoven Centre for Innovation Studies|
|Number of pages||42|
|Publication status||Published - 2000|
|Name||ECIS working paper series|
Hagedoorn, J., & Duysters, G. M. (2000). The effect of mergers and acquisitions on the technological performance of companies in a high-tech environment. (ECIS working paper series; Vol. 200004). Eindhoven Centre for Innovation Studies.