Integration and Reorganisation of Industrial R&D: Deficits and Perspectives of Empirical Research

Christoph Grimpe

No 05-88, ZEW Discussion Papers from ZEW - Leibniz Centre for European Economic Research

Abstract: The combination of research and development units following a merger or an acquisition usually requires a broad and widespread integration project to ensure that a company?s innovative capabilities are carried forward into the future. Previous research has shown, however, that the combined companies tend to produce fewer innovations after the transaction than before. Based on a set of theoretical hypotheses, nine empirical studies are analysed with respect to their contribution to the research problem. The review shows substantial shortcomings in content and methodology which do not allow the hypotheses to be evaluated adequately.

Keywords: Post Merger Integration; Reorganisation; Research and Development; Literature Review (search for similar items in EconPapers)
JEL-codes: G34 M10 M54 (search for similar items in EconPapers)
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:zewdip:4571

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