European market integration through technology-driven M&As

Authors: Frey, Rainer1; Hussinger, Katrin2

Source: Applied Economics, Volume 43, Number 17, 1 July 2011 , pp. 2143-2153(11)

Publisher: Routledge, part of the Taylor & Francis Group

Buy & download fulltext article:

OR

Price: $54.28 plus tax (Refund Policy)

Abstract:

Merger and Acquisitions (M&As) have been an important tool for reorganizing the European market since the establishment of European Economic and Monetary Union. This article suggests that European integration helped and encouraged European firms to source technology across national borders in Europe, establishing European innovative firms. The figures confirm that, once barriers impeding the free movement of capital, goods and labour had fallen, European firms used M&As intensively to enter foreign European markets. Enhancing technology competencies is found to be one of the main motives for cross-border acquisitions in the 1990s but is not a factor in domestic acquisitions over the same period.

Document Type: Research Article

DOI: http://dx.doi.org/10.1080/00036840903153796

Affiliations: 1: Economics Department,Deutsche Bundesbank, Wilhelm-Epstein-Strasse 1460431 Frankfurt am Main, Germany 2: Department of Organization and StrategyMaastricht University, Tongersestraat 536211 LM Maastricht, The Netherlands

Publication date: July 1, 2011

More about this publication?
Related content

Key

Free Content
Free content
New Content
New content
Open Access Content
Open access content
Subscribed Content
Subscribed content
Free Trial Content
Free trial content

Text size:

A | A | A | A
Share this item with others: These icons link to social bookmarking sites where readers can share and discover new web pages. print icon Print this page