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This paper revisits the relation between mergers and acquisitions (M&A) and research and development (R&D) activities and how this link dynamically influences patent stocks of M&A firms. The empirical analysis focuses on Taiwan’s 97 listed companies engaged in M&A between 1992 and 2008. Two matching methods are employed to construct a corresponding non-M&A(More)
AIM The effect of health depreciation in older people on medical care demand is not well understood. We tried to assess the medical care demand with length of hospitalization and their impact on profits as a result of health depreciation. METHODS All participants who underwent comprehensive geriatric assessment were from a prospective cohort study at a(More)
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