Technical Efficiency of High-Technology Industries in the Crisis: Evidence from Russia

Author(s):  
V.V. Spitsin ◽  
A. Mikhalchuk ◽  
Darko B. Vukovic ◽  
L.Y. Spitsina
Author(s):  
Fernando Sousa ◽  
Ileana Monteiro

Twenty two interviews were conducted with top management in these organizations. The interviews were made by telephone addressing specific strategies in three domains: creative management, creative people management, and creativity management. Results indicate that high technology organizations, dependent upon financial support, do not seem to concentrate on corporate innovation, and do not have alternatives to budget reductions made in R&D, due to the present financial crisis, in order to innovate. The remaining companies provided several suggestions as to the way corporate innovation systems can be built and sustained within the framework of the future European innovation policies, devoted to workforce development, the service sector and the SMEs.


2019 ◽  
Vol 11 (6) ◽  
pp. 1603 ◽  
Author(s):  
Yuri Jo ◽  
Jungho Kim

This paper investigates the impact of an acquirer’s experience on the acquisition of private firms (i.e., private target acquisition) in high-technology industries by analyzing a dataset of NASDAQ-listed firms operating in information technology (IT) industries. Specifically, this paper examines whether two types of experience (i.e., early venture capital (VC)-backed experience and prior mergers and acquisitions (M&A) experience) matter to the acquisition. We find that both types of experience have positive effects on private target acquisition, while only prior M&A experience positively influences public target acquisition, implying that early VC-backed experience is effective in mitigating information asymmetry related to private target acquisition and exploring opportunities for value creation. We also find that an acquirer’s growth performance and absorptive capacity prior to the acquisition enhance the positive effects of the experiences on private target acquisition.


Sign in / Sign up

Export Citation Format

Share Document