He shared insights into the intersection of government policy with business affairs, and the role of the U.S. as a beacon of innovation.…Read More
Amid TikTok Ban Threats, Saikat Chaudhuri Comments on U.S. Policy
mergers and acquisitions
M&A, Competition, and Innovation in Medical Technology
Innovation in medical technology has played a large role in the growth in welfare benefits and monetary costs due to health care over the last half century. Like many industries that rely on innovation, medical technology has an active market for corporate mergers and acquisitions (M&A). …Read More
The Impact of Acquisitions on Clinical Decisions: Evidence from Physician Practice Management Companies
Mergers and acquisitions are rapidly transforming the organization of physician services in the United States, raising concerns over the cost and the quality of health care. This paper studies how medical practice acquisitions by Physician Practice Management Companies (PPMCs) impact physician behavior and patient health.…Read More
Saikat Chaudhuri Comments on Upcoming Alaska Airlines Merger
Seattle-based Alaska Airlines has announced an extensive partnership with American Airlines, a departure from its long-standing “neutrality” strategy.…Read More
On NPR’s Marketplace, Saikat Chaudhuri Comments on Xerox’s Bid to Acquire HP
Mack Institute executive Director Saikat Chaudhuri discusses the likely outcome of Xerox’s proposal to acquire its larger competitor HP.…Read More
Revisiting the Locus of Experience: A Study on Corporate Development Executives, Organizational Learning and M&A Performance
Understanding how firms learn to make better strategic decisions and achieve superior performance is a question of significant concern to managers and scholars, especially in the context of mergers and acquisitions (M&A).…Read More
Leveraging Ecosystems, Investments, & Acquisitions to Keep an Innovative Edge
The Mack Institute Spring Conference 2017 explored how firms can deploy externally facing strategies for innovation success.…Read More
From Invention to Innovation: A Multi-Study Investigation of Firm Strategy and Outcomes in Clinical Trials
The translation of invention to innovation is a topic that has received significant research attention in recent times. Scholars have recognized that our understanding of the factors that shape whether and when innovative technologies arise and transform industries cannot be complete without comprehending how scientific or technological discovery evolves into commercial adoption. …Read More
Make Room! Make Room! A Note on Sequential Spinoffs and Acquisitions
In this study, we identify a novel pattern of deal-making activity—spinoffs followed by acquisitions—that has yet to be analyzed in the corporate strategy literature. We present a set of descriptive results showing that firms undertake spinoffs followed by acquisitions at a rate that is too high to be attributable to random chance.…Read More
Will Dell’s Big Leap into the Cloud Pay Off?
After years of making incremental changes to transform itself from a personal computer and server player into a company that could offer a wider array of products and services, Dell is punting its piecemeal approach in favor of a system-wide repositioning of its business by acquiring storage behemoth EMC for $67 billion — the largest M&A deal ever between technology firms.…Read More
How Nokia Can Make the Most of the Alcatel-Lucent Deal
Executive Director Saikat Chaudhuri spoke with Knowledge@Wharton about Nokia’s high-profile merger with French firm Alcatel-Lucent.…Read More
The Real Motive Behind Big Pharma Mergers
The past year has seen several merger attempts by large pharmaceutical companies. Executive Director Saikat Chaudhuri weighs in on the motives behind these deals.…Read More
Mergers and Acquisitions: The Importance of Integration
When it comes to moving a business forward, the biggest gains are often a hair’s breadth away from the greatest risks—a truth reflected in discouraging change success rate statistics. A recent CNBC article highlights the even greater chance of defeat in the field of mergers and acquisitions, citing the Mack…Read More
Acqui-Hires: Revolutionizing Strategy & Transforming Organizational Structures
This paper explores the phenomenon of “acqui-hires”, defined as acquisitions of early-stage startups made purely to acquire talent. Acqui-hires are prevalent among Northern California’s high-technology companies, who use these to fill gaps in their strategic roadmaps. Taking the perspective of an acquirer, we examine the different ways acquirers approach acquir-hires relative to conventional acquisitions.…Read More