Purpose – As a result of the impressive wave in recent years of mergers and acquisitions (M&As), operations that were traditionally considered to be extraordinary have become common business development options. M&As have produced mixed results for their stakeholders, which resulted in extensive economics debate, albeit without a systemic vision. As a result, the M&A literature has not yet developed a paradigm, and the current paper intends to present a review of the existing literature. Practical implications – The critical examination of the innovation and value creation processes in M&As in hightech industry provides new insights for incumbent executives and can better plan and implement mergers and acquisition deals. Originality/value – Since 1990 there has been a major expansion of M&As in high-techsectors, many involving the acquisition of small and young start-ups. To address this important topic we present here a review of literature on M&As in technology-driven sectors.Article Type: A review paper.

Mergers and Acquisitions In The Hightech Industry: A Literature Review

Rossi M;
2013-01-01

Abstract

Purpose – As a result of the impressive wave in recent years of mergers and acquisitions (M&As), operations that were traditionally considered to be extraordinary have become common business development options. M&As have produced mixed results for their stakeholders, which resulted in extensive economics debate, albeit without a systemic vision. As a result, the M&A literature has not yet developed a paradigm, and the current paper intends to present a review of the existing literature. Practical implications – The critical examination of the innovation and value creation processes in M&As in hightech industry provides new insights for incumbent executives and can better plan and implement mergers and acquisition deals. Originality/value – Since 1990 there has been a major expansion of M&As in high-techsectors, many involving the acquisition of small and young start-ups. To address this important topic we present here a review of literature on M&As in technology-driven sectors.Article Type: A review paper.
2013
Mergers and acquisitions, high-tech industry, post-merger integration, innovation performance, value creation
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/20.500.12070/40285
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