Foreign acquisitions and R&D leverage in high tech industries of peripheral economies. Lessons and policy issues from the Israeli experiences

Morris Teubal; Gil Avnimelech

doi:10.1504/ijtm.2003.003387

Foreign acquisitions and R&D leverage in high tech industries of peripheral economies. Lessons and policy issues from the Israeli experiences

Morris Teubal, Gil Avnimelech

Research output: Contribution to journal › Article › peer-review

11 Scopus citations

Abstract

This paper deals with a major challenge of globalisation to national innovation systems of skill-intensive peripheral economies: acquisitions of high-tech start-up companies by foreign multinational companies. Through a detailed microeconomic analysis both of successful company growth profiles and of post-acquisition patterns, the paper analyses possible implications for high tech and the economy as a whole. It concludes that the share of Start Up output to total high tech output of a country should be an important variable; and that this share was probably 'too high' in Israel during 1999/2000.

Original language	English
Pages (from-to)	362-385
Number of pages	24
Journal	International Journal of Technology Management
Volume	26
Issue number	2-4
DOIs	https://doi.org/10.1504/ijtm.2003.003387
State	Published - 1 Jan 2003
Externally published	Yes

Keywords

Dynamic capabilities
Evolutionary and competence based theories
Israel's IT industry
Israel's software industry
Mergers and acquisitions (M&A)
Peripheral economies
R&D leverage
Venture capital

ASJC Scopus subject areas

Industrial relations
General Engineering
Computer Science Applications
Strategy and Management
Law

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1504/ijtm.2003.003387

Cite this

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Foreign acquisitions and R&D leverage in high tech industries of peripheral economies. Lessons and policy issues from the Israeli experiences

Abstract

Keywords

ASJC Scopus subject areas

UN SDGs

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