An analysis of the relation between R&D and M&A in high-tech industries
Hironobu Miyazaki
Applied Economics Letters, 2009, vol. 16, issue 2, 199-201
Abstract:
This article discusses the relation between research and development (R&D) investment and mergers and acquisitions (M&A) in Japanese high-tech industries. Using a count data model, it is found that there exists a positive correlation (complementarity) between R&D investment and M&A.
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:16:y:2009:i:2:p:199-201
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DOI: 10.1080/13504850601018163
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