did-you-know? rent-now

Amazon no longer offers textbook rentals. We do!

did-you-know? rent-now

Amazon no longer offers textbook rentals. We do!

We're the #1 textbook rental company. Let us show you why.

9781437901375

R&D Activity and Acquisitions in High Technology Industries: Evidence from the U. S. Electronic and Electrical Equipment Industries

by ;
  • ISBN13:

    9781437901375

  • ISBN10:

    1437901379

  • Format: Paperback
  • Copyright: 2008-11-01
  • Publisher: Diane Pub Co
  • Purchase Benefits
List Price: $20.00
We're Sorry.
No Options Available at This Time.

Summary

Economic analysis of high-tech industries often assumes that firms¿ abilities to survive in such an industry depend on their own internal R&D efforts. High-tech firms may choose to specialize in either this internal growth (through R&D) strategy or an external growth strategy of acquiring other firms or firms¿ operations. They studied 200 electronics firms over 10 years to test the relationship between R&D intensity and the probability of acquisition. Robust to a variety of dependent variable specifications, they find a strong and significant negative correlation, suggesting that electronics firms may be specializing in one activity or the other. Firms with greater intangible assets, higher profitability and lower debt to asset ratios are more likely to acquire. Tables.

Supplemental Materials

What is included with this book?

The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any access cards, study guides, lab manuals, CDs, etc.

The Used, Rental and eBook copies of this book are not guaranteed to include any supplemental materials. Typically, only the book itself is included. This is true even if the title states it includes any access cards, study guides, lab manuals, CDs, etc.

Rewards Program