On the Importance of Technological Relatedness: SMEs versus Large Acquisition Targets

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Proximity and Innovation: From Statics to Dynamics (2015, background): “Besides the established effect of technological relatedness (HUSSINGER, 2010; ELLWANGER and BOSCHMA, 2013), past knowledge ties can motivate M&A decisions and increase the degree of organizational proximity.”
Inside the high-tech black box: A critique of technology entrepreneurship policy (2014, background): “Many of these firms had grown by acquiring other companies, including many SMEs who use this process to obtain sources of new technology (Hussinger, 2010).”
Myth-busting and entrepreneurship policy: the case of high growth firms (2017, background): “While organic growth remains the dominant mode of growth for most SMEs, many of whom do not grow, the literature recognises that other models of growth are increasingly utilised by HGFs (McKelvie and Wiklund 2010), although these remain under-23 reported within the literature.”