Skip to Main content Skip to Navigation
Journal articles

Highly-skilled migrants and Cross-border M&A: Firm-level evidence

Abstract : Based on a relational view of international business, we investigate the role of migrant inventors in cross-border mergers and acquisitions undertaken by R&D-active firms. We hypothesize that the migrant inventors’ international social networks can be leveraged by their employers in order to identify and/or integrate relevant knowledge bases of acquisition targets in the inventors’ home country. We nuance our hypothesis by means of several conditional logistic regressions on a large matched sample of deals and control cases. The impact of migrant inventors increases with the distance between countries and for targets located in countries with weak administrative/legal systems, as well as when targets are either innovative or belong to high-tech sectors or to the same sector as the acquirer, and for full versus partial acquisitions.
Complete list of metadata

Cited literature [131 references]  Display  Hide  Download

https://halshs.archives-ouvertes.fr/halshs-02024499
Contributor : Diego Useche <>
Submitted on : Tuesday, February 19, 2019 - 11:09:41 AM
Last modification on : Thursday, January 14, 2021 - 1:19:16 PM
Long-term archiving on: : Monday, May 20, 2019 - 4:14:03 PM

Files

FINAL - Highly skilled and wel...
Files produced by the author(s)

Identifiers

Citation

Diego Useche, Ernest Miguelez, Francesco Lissoni. Highly-skilled migrants and Cross-border M&A: Firm-level evidence. Journal of International Business Studies, Palgrave Macmillan, 2020, 51, pp.737-763. ⟨10.1057/s41267-018-0203-3⟩. ⟨halshs-02024499⟩

Share

Metrics

Record views

116

Files downloads

344