Technological change is often hypothesized as one of the main drivers of mergeractivities. This paper analyzes the role of technology in mergers and acquisitions(M&As) at the firm level. Based on a newly created data set that combines financialinformation and patent data for public limited...

Mergers and acquisitions (M&As) constitute a disruption to the workingenvironment of the inventive labor force of the acquired company. If inventors wouldrespond with a decline of their patent productivity or departure from the firm thiscan be detrimental to the innovative process within the...

The increasing commercialization of university discoveries has initiated acontroversy on the impacts for future scientific research. It has been argued that anincreasing orientation towards commercialization may have a negative impact onmore fundamental research efforts in science. Several...