Foreign acquisitions and R&D leverage in High Tech industries of peripheral economies. Lessons and policy issues from the Israeli experiences Online publication date: Fri, 05-Sep-2003
by Morris Teubal, Gil Avnimelech
International Journal of Technology Management (IJTM), Vol. 26, No. 2/3/4, 2003
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 19992000.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Technology Management (IJTM):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com