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Why do firms acquire technology?: The example of DSM's ammonia plants, 1925-1970
Authors:Arjan van Rooij
Institution:Eindhoven University of Technology, Department of Technology Management, IPO 2.09, P.O. Box 513, 5600 MB Eindhoven, The Netherlands
Abstract:This article analyses markets for technology from a buyer's perspective: the question why firms acquire technology is the central research question. An in-depth historical case study of a chemical company is confronted with systematic and economic research. The acquisition of complete plants by the particular firm under study is explained and several factors are proposed which may help further research on markets for technology.
Keywords:Markets for technology  Innovation strategy  Chemical industry
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