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SUMMARY:Seminar by Prof. Killian McCarthy\,  University of Groningen
DTSTART:20161111T120000
DTEND:20161111T133000
DTSTAMP:20260427T201048Z
UID:8ba6de494ca30e83a1fbe1bc5368fdffb1f0e604f5c4dcf1bf67bc68
CATEGORIES:Conferences - Seminars
DESCRIPTION:Prof. Killian McCarthy\,  University of Groningen\n"Technolog
 ical acquisitions: The impact of geography on post-acquisition innovative 
 performance"\n\nAbstract\nOur empirical study considers the impact of geog
 raphy on post-acquisition performance for technological acquisitions. Rely
 ing on insights from the transaction costs and international business lite
 ratures we suggest that both geographic distance and borders influence pos
 t-acquisition innovative performance. Examining the patent portfolios of 3
 683 high tech acquirers in the period 2000–2012 we support a ‘liabilit
 y of distance’ hypothesis and show that every 1000 km between the target
  and the acquirer costs as much as 19 lost patent applications. We do not 
 find support for a ‘liability of foreignness’ hypothesis\, however\, b
 ut show in fact\, that else equal\, cross-border deals result in 3.15 addi
 tional patent applications. For high tech acquirers we find that ‘foreig
 nness’ appears\, therefore\, to be more of an ‘asset’ than a ‘liab
 ility’. We find that the lion’s share of this is attributable to cultu
 ral differences.
LOCATION:EPFL\, ODY 4.03\, VIP Room http://plan.epfl.ch/?zoom=19&recenter_
 y=5863800.12869&recenter_x=731560.22521&layerNodes=fonds\,batiments\,label
 s\,information\,parkings_publics\,arrets_metro\,transports_publics&floor=4
 &q=ODY_4.03
STATUS:CONFIRMED
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