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Do corporate mergers bring about new combinations of knowledge? Empirical evidence from patent data

Do corporate mergers bring about new combinations of knowledge? Empirical evidence from patent data The aftereffects of corporate mergers, particularly whether corporate mergers facilitate new combinations of knowledge, were investigated using patent application data for two corporate mergers in the Japanese chemical industry. The results show that new combinations are more likely to occur after mergers and that the choice of a 'new combinations' strategy can differ between companies. This strategic choice has an impact on the aftereffects of corporate mergers and the difference in strategic choice might depend on whether power and initiative reside in the same pre-merger firm. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Knowledge Management Studies Inderscience Publishers

Do corporate mergers bring about new combinations of knowledge? Empirical evidence from patent data

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Publisher
Inderscience Publishers
Copyright
Copyright © Inderscience Enterprises Ltd. All rights reserved
ISSN
1743-8268
eISSN
1743-8276
DOI
10.1504/IJKMS.2009.023465
Publisher site
See Article on Publisher Site

Abstract

The aftereffects of corporate mergers, particularly whether corporate mergers facilitate new combinations of knowledge, were investigated using patent application data for two corporate mergers in the Japanese chemical industry. The results show that new combinations are more likely to occur after mergers and that the choice of a 'new combinations' strategy can differ between companies. This strategic choice has an impact on the aftereffects of corporate mergers and the difference in strategic choice might depend on whether power and initiative reside in the same pre-merger firm.

Journal

International Journal of Knowledge Management StudiesInderscience Publishers

Published: Jan 1, 2009

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