Why Takeovers Don't Hurt R&D

Evidence shows that mergers and acquisitions do not hurt R&D intensity, the best measure of spending. The study considers variables such as R&D spending in prior periods, technological opportunity, cash flow and capital costs.

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Bibliographische Detailangaben
Veröffentlicht in:	Harvard business review 1990-01, Vol.68 (1), p.211
Hauptverfasser:	Bolster, Paul J, Welch, Jonathan B
Format:	Magazinearticle
Sprache:	eng
Schlagworte:	Acquisitions & mergers Capital costs R&D Research & development Research & development expenditures
Online-Zugang:	Volltext
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Beschreibung
Zusammenfassung:	Evidence shows that mergers and acquisitions do not hurt R&D intensity, the best measure of spending. The study considers variables such as R&D spending in prior periods, technological opportunity, cash flow and capital costs.
ISSN:	0017-8012