{"product_id":"technology-focused-acquisitions-performance-and-functionality-as-differentiators-von-jan-paul-stein","title":"Technology-focused Acquisitions","description":"\n                                \n                \u003cp\u003eTechnology-focused acquisitions are an important complement to the firm’s internal product development efforts. There is considerable heterogeneity when comparing individual technology-focused acquisitions – especially with respect to acquisition timing and the deal value. \u003c\/p\u003e\n                                 \n                \n                \u003cp\u003eTo resolve some of this heterogeneity the author introduces the novel distinction between performance- and functionality-focused acquisitions. He characterizes this distinction based on a theoretical analysis, a qualitative study, and turns to a sample of acquisitions in the field of artificial intelligence for the quantitative study. \u003c\/p\u003e\n                                 \n                \n                \u003cp\u003eThere are two key findings. First, performance-focused acquisitions take place earlier in a target’s life cycle than functionality-focused ones. Second, the deal value is – at a comparable stage in a target’s life cycle – higher for performance-focused acquisitions. \u003c\/p\u003e\n                                 \n                \n                \u003cp\u003eThis thesis is relevant for management scholars and managers alike: Scholars learn about the implications of the distinction between performance- and functionality-focused acquisitions on markets for technology. Managers gain insights into how this distinction may guide their strategic decision making. \u003c\/p\u003e\n                            \n            \u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783110559170\"\u003e\u003ch3\u003ePerformance and Functionality as Differentiators\u003c\/h3\u003e\u003c\/div\u003e","brand":"Libri","offers":[{"title":"Hardcover - 9783110559170","offer_id":28631092854877,"sku":"9783110559170","price":119.95,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/06dd4e96-9693-4026-bcdd-e7529e97cb7a.jpg?v=1778044193","url":"https:\/\/shop.autorenwelt.de\/products\/technology-focused-acquisitions-performance-and-functionality-as-differentiators-von-jan-paul-stein","provider":"Autorenwelt Shop","version":"1.0","type":"link"}