The Impact of Acquisitions on Innovation: Poison Pill, Placebo, or Tonic?

No abstract is available for this paper.

• Publication year

  2005

• Venue

  Journal of Marketing

• Publication date

  2005-01-01

• Fields of study

  Business, Economics

• Identifiers
  DOI 10.1509/jmkg.69.1.114.55514
• External record

  Open on Semantic Scholar

• Source metadata

  Semantic Scholar

• No claims are published for this paper.

• No concepts are published for this paper.

• Organisation of Industry

  2021cited by this paper
• New drug development

  2007cited by this paper
• Neglected Outcomes of Customer Satisfaction

  2007cited by this paper
• Market Knowledge Dimensions and Cross-Functional Collaboration: Examining the Different Routes to Product Innovation Performance

  2007cited by this paper
• Competing for the Future

  2007cited by this paper
• Managing the Future: CEO Attention and Innovation Outcomes

  2007cited by this paper
• Exploration and Exploitation in Organizational Learning

  2007cited by this paper
• Knowledge Accumulation and Industry Evolution: Pharmaceutical innovation as a process of creative destruction

  2006cited by this paper
• A Cross-Team Framework of International Knowledge Acquisition on New Product Development Capabilities and New Product Market Performance

  2005cited by this paper
• Portfolios of Interfirm Agreements in Technology-Intensive Markets: Consequences for Innovation and Profitability

  2004cited by this paper
• The price of innovation: new estimates of drug development costs.

  2003cited by this paper
• Absorptive Capacity, Coauthoring Behavior, and the Organization of Research in Drug Discovery

  2003cited by this paper
• Interaction terms in logit and probit models

  2003cited by this paper
• Individual effects and dynamics in count data models

  2002cited by this paper
• Econometric models and economic forecasts

  2002cited by this paper
• ExpEnd, A Gauss Programme for Non-Linear GMM Estimation of Exponential Models with Endogenous Regressors for Cross Section and Panel Data

  2002cited by this paper
• Acquisitions versus greenfield investments: international strategy and management of entry modes

  2002cited by this paper
• Dynamic panel data models: a guide to micro data methods and practice

  2002influential reference
• SOMETHING OLD, SOMETHING NEW: A LONGITUDINAL STUDY OF SEARCH BEHAVIOR AND NEW PRODUCT INTRODUCTION

  2002cited by this paper
• Interaction Terms in Nonlinear Models

  2002cited by this paper
• Absorptive Capacity: A Review, Reconceptualization, and Extension

  2002cited by this paper
• nteraction terms in logit and probit models

  2002cited by this paper
• The Acquisition and Utilization of Information in New Product Alliances: A Strength-of-Ties Perspective

  2001cited by this paper
• Technological acquisitions and the innovation performance of acquiring firms: a longitudinal study

  2001influential reference
• Which Ad Works, When, Where, and how Often? Modeling the Effects of Direct Television Advertising

  2000cited by this paper
• Product Sequencing: Co-Evolution of Knowledge, Capabilities and Products.

  2000cited by this paper
• The International Biotechnology Industry: A Dynamic Capabilities Perspective

  2000cited by this paper
• Estimation in dynamic panel data models: Improving on the performance of the standard GMM estimator

  2000cited by this paper
• The Influence of Corporate Acquisitions on the Behaviour of Key Inventors

  2000cited by this paper
• Protecting Their Intellectual Assets: Appropriability Conditions and Why U.S. Manufacturing Firms Patent (or Not)

  2000cited by this paper
• Market Value and Patent Citations: A First Look

  2000cited by this paper
• NBER WORKING PAPER SERIES THE DIFFUSION OF SCIENCE DRIVEN DRUG DISCOVERY: ORGANIZATIONAL CHANGE IN PHARMACEUTICAL RESEARCH

  1999cited by this paper
• Marketing in Technology-Intensive Markets: Toward a Conceptual Framework

  1999cited by this paper
• The Contingency Value of Complementary Capabilities in Product Development

  1999cited by this paper
• The Role of Marketing

  1999cited by this paper
• Success in High-Technology Markets: is Marketing Capability Critical?

  1999influential reference
• An empirical analysis of sustained advantage in the U.S. pharmaceutical industry: impact of firm resources and capabilities

  1999cited by this paper
• Capturing the real value in high-tech acquisitions.

  1999cited by this paper
• When is Virtual Virtuous? Organizing for Innovation

  1999cited by this paper
• Co-evolution of Firm Absorptive Capacity and Knowledge Environment: Organizational Forms and Combinative Capabilities

  1999cited by this paper
• Redeployment of Brands, Sales Forces, and General Marketing Management Expertise following Horizontal Acquisitions: A Resource-Based View

  1999cited by this paper
• Relative absorptive capacity and interorganizational learning

  1998cited by this paper
• Late Mover Advantage: How Innovative Late Entrants Outsell Pioneers:

  1998cited by this paper
• What percentage of innovations are patented? empirical estimates for European firms

  1998cited by this paper
• Technological Lockout: An Integrative Model of the Economic and Strategic Factors Driving Technology Success and Failure

  1998cited by this paper
• The Impact of Market Knowledge Competence on New Product Advantage: Conceptualization and Empirical Examination

  1998cited by this paper
• From Embedded Knowledge to Embodied Knowledge: New Product Development as Knowledge Management

  1998cited by this paper
• Issues and Opportunities in New Product Development: An Introduction to the Special Issue

  1997cited by this paper
• Editorial: Issues and Opportunities in New Product Development: An Introduction to the Special Issue

  1997cited by this paper
• PUBLICATION RECORDS AND TENURE DECISIONS IN THE FIELD OF STRATEGIC MANAGEMENT

  1996cited by this paper
• Toward a Knowledge-Based Theory of the Firm,” Strategic Management Journal (17), pp.

  1996cited by this paper
• Making knowledge the basis of a dynamic theory of the firm

  1996cited by this paper
• Strategic alliances and interfirm knowledge transfer

  1996cited by this paper
• Towards The Flexible Form: How To Remain Vital in Hypercompetitive Environments

  1996cited by this paper
• Generic knowledge strategies in the U.S. pharmaceutical industry

  1996influential reference
• Effect-Size Estimates: Issues and Problems in Interpretation

  1996cited by this paper
• On the Sources and Significance of Interindustry Differences in Technological Opportunities

  1995cited by this paper
• A Dynamic Theory of Organizational Knowledge Creation

  1994influential reference
• Measuring competence?: exploring firm effects in pharmaceutical research

  1994influential reference
• Knowledge Integration and the Locus of Learning: An Empirical Analysis

  1994influential reference
• Managing innovation in the information age

  1994cited by this paper
• Regional Advantage: Culture and Competition in Silicon Valley and Route 128

  1994cited by this paper
• Innovative productivity and returns to scale in the pharmaceutical industry

  1993cited by this paper
• Monitoring new drug developments in IMSWorld R & D FOCUS and Pharamaprojects

  1993cited by this paper
• Pricing, Profits, and Technological Progress in the Pharmaceutical Industry

  1993cited by this paper
• Rivalry, Strategic Groups and Firm Profitability

  1993cited by this paper
• Knowledge of the Firm, Combinative Capabilities, and the Replication of Technology

  1992influential reference
• Managing Acquisitions: Creating Value Through Corporate Renewal

  1991cited by this paper
• Effects Of Acquisitions on R&D Inputs and Outputs

  1991influential reference
• Are acquisitions a poison pill for innovation

  1991influential reference
• ABSORPTIVE CAPACITY: A NEW PERSPECTIVE ON LEARNING AND INNOVATION

  1990influential reference
• Causal Ambiguity, Barriers to Imitation, and Sustainable Competitive Advantage

  1990cited by this paper
• Do Mergers and Acquisitions Hurt R&D?

  1990cited by this paper
• Innovation and Learning: The Two Faces of R&D

  1989cited by this paper
• Tobin's q and the Importance of Focus in Firm Performance

  1988cited by this paper
• Takeovers: Their Causes and Consequences

  1988cited by this paper
• Characteristics of Targets of Hostile and Friendly Takeovers

  1988cited by this paper
• Residual Centering, Exploratory and Confirmatory Moderator Analysis, and Decomposition of Effects in Path Models Containing Interactions

  1988cited by this paper
• Patents as indicators of corporate technological strength

  1987cited by this paper
• Research Expenditures and the Discovery of New Drugs

  1987cited by this paper
• Marketing and Technology: A Strategic Coalignment

  1987cited by this paper
• Corporate acquisition strategies and economic performance

  1987cited by this paper
• Industry Effects and Appropriability Measures in the Stock Markets Valuation of R&D and Patents

  1987cited by this paper
• Appropriating the Returns from Industrial Research and Development

  1987cited by this paper
• Patents and Innovation: An Empirical Study

  1986cited by this paper
• The political economy of the pharmaceutical industry.

  1986cited by this paper
• Inside the Black Box: Technology and Economics

  1984cited by this paper
• R&D, Patents, and Productivity

  1981cited by this paper
• Statistical Power and Effect Size in Marketing Research

  1981cited by this paper
• Regression Diagnostics: Identifying Influential Data and Sources of Collinearity

  1980influential reference
• Econometric Models, Techniques, and Applications.

  1979cited by this paper
• The Rate of Obsolescence of Knowledge, Research Gestation Lags, and the Private Rate of Return to Research Resources

  1979cited by this paper
• THE RATE OF OBSOLESCENCE OF TECHNICAL KNOWLEDGE-A COMMENT

  1978cited by this paper
• Investment in Private Industrial Research and Development in Britain

  1976cited by this paper
• Econometric Measurement of the Duration of Advertising Effect on Sales

  1976cited by this paper
• Distributed Lags and Investment Analysis

  1955cited by this paper

• How Does Digital Technology Innovation Quality Empower Corporate ESG Performance? The Roles of Digital Transformation and Digital Technology Diffusion

  2025influential citation
• A blessing and a curse: Identifying how knowledge complexity influences regional innovation efficiency in the presence of varying spatial externalities

  2025cites this paper
• Partner Similarity and Crossover Product Development: Evidence From the PC Game Market

  2025cites this paper
• A case study assessing the impact of M&A and licensing on FDA drug approvals of leading pharmaceutical companies.

  2025cites this paper
• High-tech entrepreneurship in regional innovativeness: the role of government innovation intervention

  2025cites this paper
• Interplay Between Technology and Market Resources and Its Impact on Post-Acquisition Technological Inventions

  2025cites this paper
• Innovation in Family Firms: An Intergenerational Tale of Symbol and Substance

  2025cites this paper
• Tilt Toward Exploration: How Does Firms' Innovation Openness Affect Exploratory Innovation Tendency?

  2025influential citation
• The impact of network embeddedness on construction safety innovation: evidence from patents in China’s construction industry

  2025cites this paper
• Digital transformation, knowledge management, and ambidextrous innovation in the high-speed train industry in China: The role of TMT’s digital knowledge

  2025cites this paper
• Entry Timing, Pre-Entry Knowledge Diversity, and Innovation Performance in AI Technology

  2024cites this paper
• Impact of cross-border mergers and acquisitions on firm innovation performance: from the perspective of dynamic capability theory

  2024influential citation
• Effects of prior knowledge and collaborations on R&D performance in times of urgency: the case of COVID‐19 vaccine development

  2024cites this paper
• Drivers of green innovation and green acquisition: empirical evidence from the food and beverage industry

  2024cites this paper
• Digital technology adoption and radical and incremental innovations: evidence from the Chinese wind power industry

  2024cites this paper
• How relative technological size affects innovation performance of cross-border technology M&A enterprises: a configuration perspective

  2024cites this paper
• How Do Firms' Innovation Failures Affect the Quality of Subsequent Innovations? The Contingency Role of Knowledge Breadth and Depth

  2024cites this paper
• The bidirectional relationship between collaboration network stability and technological innovation performance: The moderating effect of knowledge networks

  2024cites this paper
• The impact of digital platforms on the creativity of remote workers through the mediating role of explicit and tacit knowledge sharing

  2024cites this paper
• Valuing the spatial structure and influencing factors of urban innovation from the perspective of social networks

  2024cites this paper
• Digitalization and productivity in the Chinese wind power industry: the serial mediating role of reconfiguration capability and technological innovation

  2024cites this paper
• Customer analytics and new product performance: The role of contingencies

  2024cites this paper
• Customer Need Knowledge Facilitates Market Opportunity Recognition Through Absorptive Capacity and Technological Knowledge: Evidence from the IT Sector in China

  2023cites this paper
• The heterogeneous impacts of M&As on renewable energy firms’ innovation: Comparative analysis of China, the US and EU

  2023cites this paper
• The Impact of University Patent Ownership on Innovation and Commercialization

  2023cites this paper
• Intellectual property rights enforcement and mergers and acquisitions: Evidence from China

  2023cites this paper
• Spherical PEG/SiO2 promising agents for Lamivudine antiviral drug delivery, a molecular dynamics simulation study

  2023cites this paper
• What Factors Affect the Innovation Performance of Cross-border Technology M&A Enterprises?

  2023cites this paper
• The effect of customer asset strategies on acquisition performance in business-to-government markets

  2023cites this paper
• Government audit supervision and enterprise mergers and acquisitions

  2023cites this paper
• Digital technology adoption and innovation performance: a moderated mediation model

  2023cites this paper
• Evaluating merger effects

  2023cites this paper
• Weathering storms – Technological exploration of MNCs in times of financial crisis

  2023cites this paper
• Does buying green pay off? Stock market reactions to green acquisitions

  2023cites this paper
• Use big data to leverage customer need diversity for radical innovation

  2023cites this paper
• The Impact of Technological Mergers and Acquisitions on Enterprise Innovation: A Review

  2023cites this paper
• Transferring Scientific Knowledge to Academic Startups: the Moderating Effect of the Dual Identity of Academic Entrepreneurs on Forming Knowledge Depth and Knowledge Breadth

  2023cites this paper
• Promoting adoption and utilization of cloud computing services for agile software developers

  2023cites this paper
• Impact of domestic and foreign knowledge mechanisms on the innovation performance of Indian firms

  2023cites this paper
• Two kinds of properties of knowledge networks, knowledge diversity and recombinant innovation: a patent analysis in the wind energy field

  2023cites this paper
• Psychological capital and breakthrough innovation: The role of tacit knowledge sharing and task interdependence

  2023cites this paper
• Scrutinizing governments’ collaborative learning: partner selection strategies and knowledge dimensions’ development

  2023cites this paper
• The effect of customer-base concentration on the relationship between patents and financial performance

  2023cites this paper
• Does geographic distance to customers improve or inhibit supplier innovation? A moderated inverted-U relationship

  2023cites this paper
• Unraveling the performance puzzle of digitalization: Evidence from manufacturing firms

  2022cites this paper
• The challenges in buyer-supplier relationship for technological absorption capability in international defence acquisition: the case of Southeast Asia

  2022cites this paper
• Acquisition for Innovations? M&A Intensity and Intra-Firm Innovation Reallocations

  2022cites this paper
• Intellectual Property Rights Protection and Mergers and Acquisitions: Evidence from China

  2022cites this paper
• Green Customer and Supplier Integration for Competitive Advantage: The Mediation Effect of Sustainable Product Innovation

  2022cites this paper
• Race for market share gains: How emerging market and advanced economy MNEs perform in each other’s turf

  2022cites this paper
• The value of context-specific studies for marketing

  2022cites this paper
• Digital at the edge - antecedents and performance effects of boundary resource deployment

  2022cites this paper
• The Influence Mechanism of Knowledge Network Allocation Mechanism on Knowledge Distillation of High-Tech Enterprises

  2022cites this paper
• Knowledge recombination, environmental turbulence and firms' innovation quality: the evidence from Chinese pharmaceutical industry

  2022cites this paper
• Knowledge distance and innovation performance: the moderating role of internationalization breadth and depth

  2022cites this paper
• Spatial and Temporal Evolution of the Chinese Artificial Intelligence Innovation Network

  2022cites this paper
• The boundary conditions for growth: Exploring the non-linear relationship between organic and acquisitive growth and profitability

  2022cites this paper
• Sustainability-focused innovation in the business-to-business context: Antecedents and managerial implications

  2022cites this paper
• Green exploration and exploitation: Capabilities, product advantage, and policy considerations

  2022cites this paper
• Organizational learning for implementing product platforms: A case study of an automotive manufacturer

  2022cites this paper
• Alliance portfolios and joint R&D project performance

  2022cites this paper
• Uncertainty, entrepreneurial orientation, and the pursuit of M&A: Managing the unpredictable

  2022cites this paper
• The ambidextrous patterns for managing technological and marketing innovation

  2021cites this paper
• Despite Efficiencies, Mergers and Acquisitions Reduce Firm Value by Hurting Customer Satisfaction

  2021cites this paper
• The effects of university– industry collaboration in preclinical research on pharmaceutical firms’ R&D performance: Absorptive capacity’s role

  2021cites this paper
• How Is Knowledge Perceived as Power? A Multilevel Model of Knowledge Power in Innovation Networks

  2021cites this paper
• Supply chain technology spillover, customer concentration, and product invention

  2021cites this paper
• The effects of university–industry collaboration in preclinical research on pharmaceutical firms’ R&D performance: Absorptive capacity’s role

  2021cites this paper
• The Effect of Seeking Resource Diversity on Post-Alliance Innovation Outcomes

  2021influential citation
• Market knowledge impacts on product and process innovation: Evidence from travel agencies

  2021cites this paper
• The effect of consumer group breadth and depth on movie sales: the mediating effect of eWOM-to-viewing ratio

  2021cites this paper
• Valuing technological synergies in mergers

  2021cites this paper
• The impact of cross-border mergers and acquisitions on competitors’ innovation: evidence from Chinese firms

  2021cites this paper
• How knowledge affects incremental innovation in SMEs: Knowledge base and knowledge heterogeneity

  2021cites this paper
• The match between business model design and knowledge base in firm growth: from a knowledge-based view

  2021cites this paper
• Relationship Between Knowledge Base and Innovation-Driven Growth: Moderated by Organizational Character

  2021cites this paper
• THE LINK BETWEEN CORPORATE STRATEGY AND INTELLECTUAL CAPITAL: THEORETHICAL OVERVIEW

  2021cites this paper
• The Impact of R&D Expenditure upon the Efficiency of M&A Deals with Hi-Tech Companies

  2021cites this paper
• Qualitative comparative analysis: Configurational paths to innovation performance

  2021cites this paper
• Marketing response and temporal aggregation

  2021cites this paper
• The impact of IT infrastructure capability on NPD performance: The roles of market knowledge and innovation process formality

  2021cites this paper
• Acquisition for Innovations? R&D Outsourcing Through M&A Activities

  2020cites this paper
• Improving subsidiaries' innovation through knowledge inflows from headquarters and peer subsidiaries

  2020cites this paper
• Penerapan Metode Agile untuk Pengembangan Online Analytical Processing (OLAP) pada Data Penjualan (Studi Kasus: CV Adilia Lestari)

  2020cites this paper
• The impact of business networks on dynamic capabilities and product innovation: The moderating role of strategic orientation

  2020cites this paper
• Variety is the spice of life: How much partner alignment is preferable in open innovation activities to enhance firms’ adaptiveness and innovation success?

  2020cites this paper
• Relational ties, innovation, and performance: A tale of two pathways

  2020cites this paper
• Gains or pains? Investigating effects of R&D collaboration intensity and technological diversification on new product development

  2020cites this paper
• The Mediator of Organizational Learning in Knowledge-Innovation Linkage: a Case of Travel Industry

  2020cites this paper
• THE RELATIONSHIP BETWEEN SALES SKILLS AND SALES PERFORMANCE AT A PAINT COMPANY IN INDONESIA

  2020cites this paper
• Overcoming Institutional and Infrastructure Weaknesses in China via Online Third-Party Marketplaces

  2020cites this paper
• An ambidexterity perspective toward configurations of knowledge flows: an empirical testing of its two-phase performance implications

  2020cites this paper
• Partners' centrality diversity and firm innovation performance: Evidence from China

  2020cites this paper
• Digital M&A, digital innovation, and firm performance: an empirical investigation

  2020cites this paper
• An investigation of the complementary effects of technology, market, and design capabilities on exploratory and exploitative innovations: Evidence from micro and small‐sized tech enterprises in China

  2020cites this paper
• On the contingent value of knowledge base for radical innovation capability

  2020cites this paper
• How do knowledge characteristics affect firm’s knowledge sharing intention in interfirm cooperation? An empirical study

  2020cites this paper
• Engaging Customer Cocreation in New Product Development Through Foreign Subsidiaries: Influences of Multinational Corporations’ Global Integration and Local Adaptation Mechanisms

  2020cites this paper
• REGIONS AND INNOVATION: A NEW TALE OF THREE ECONOMIC REGIONS IN CHINA

  2020cites this paper
• To acquire or not to acquire: the effects of acquisitions in the software industry

  2020cites this paper