Technology-focused Acquisitions : : Performance and Functionality as Differentiators / / Jan Paul Stein.

• Superior document: Title is part of eBook package: De Gruyter DG OWV ebook Paket Lehrbücher Wirtschaftswiss. 2017
• VerfasserIn: Stein, Jan Paul,
• Place / Publishing House: München ;, Wien : : De Gruyter Oldenbourg, , [2017]; ©2017
• Year of Publication: 2017
• Language: English
• Physical Description: 1 online resource (XXII, 206 p.)
• Other title: Frontmatter --; Acknowledgements --; Contents --; List of figures --; List of tables --; List of abbreviations --; Zusammenfassung --; Abstract --; 1. Introduction --; 2. Theoretical foundations—Technology-focused acquisitions and strategic decisions --; 3. Performance- and functionality-focus in product development and acquisitions --; 4. Qualitative Study - Acquisitions in the ICT Industry --; 5. Quantitative study - Performance and functionality in AI-related acquisitions --; 6. Conclusion, contributions, and outlook --; Part Appendix --; Appendix --; Bibliography
• Format: Mode of access: Internet via World Wide Web.
• ISBN: 9783110562095; 9783110549201; 9783110719543; 9783110540550; 9783110625264; 9783110547740
• DOI: 10.1515/9783110562095
• Access: restricted access
• Hierarchical level: Monograph
• Statement of Responsibility: Jan Paul Stein.

Technology-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. To 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. There 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. This 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.