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Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Technological distance: Theoretical foundations, statistical analysis and application to mergers and acquisitions

Technological distance: Theoretical foundations, statistical analysis and application to mergers and acquisitions

Paperback

Business General

ISBN10: 3738621407
ISBN13: 9783738621402
Publisher: Bod - Books on Demand
Published: Jul 13 2015
Pages: 178
Weight: 0.48
Height: 0.38 Width: 5.83 Depth: 8.27
Language: English
Technological distance has been a widely used concept since the seminal paper on R&D spillovers by Jaffe in 1986. Scholars in the field of M&A, alliances and R&D spillovers have used the concept of technological distance in their research. In this dissertation, the author provides a discussion of the concept of technological distance and the statistical properties of distance measures. Three new measures are introduced to the literature. These measures as well as seven existing measures are assessed axiomatically and empirically. Furthermore, the author assesses the role of technological distance in the target choice decision and the level of the transaction price in M&A transactions.

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Business General