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Specifically, directors should carefully consider the capital allocated to repurchases relative to the company's realistic opportunities for value creation through internal development or external acquisitions.
Boards should carefully balance the capital needed for repurchases against its use in value creation via internal development or external acquisitions — and be skeptical of repurchase programs financed by debt rather than profits.
Daimler's mobility solutions portfolio continues to grow, through both external acquisitions of companies and through on-demand car sharing ventures including Car2Go.
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Eventually, the incumbents either catch up through internal invention or external acquisition.
The Corporate segment includes the financial information related to its debt, investments in clean-energy ventures, external acquisition-related costs and other corporate costs.
Three k-space acquisition techniques were compared for image quality and SNR: (1) generalised autocalibrating partial parallel acquisition (GRAPPA) with an internal acquisition of reference lines, (2) GRAPPA with a single "external" acquisition of reference lines before the measurement, and (3) a combination of GRAPPA with an internal acquisition of reference lines and view sharing.
Among them, 10 are particularly biased (δ*-differences ≥90 [ 30]), suggesting an external acquisition from a distantly related organism, notably CF-3 in Synechococcus sp. WH8016, CF-8 in Fischerella sp. PCC 9339, CF-10 in Cylindrospermopsis raciborskii CS-505, CF-20 in WH5701 and 6 orphan clusters in diverse cyanobacterial morphotypes.
B. Cassiman and R. Veugelers, "In Search of Complementarity in Innovation Strategy: Internal R&D and External Knowledge Acquisition," Management Science 52, no. 1 (January 2006): 68-82.
We find strong evidence of the value of external knowledge acquisition both through interactive collaboration and non-interactive contacts such as demonstration effects, copying or reverse engineering.
Based on a sample of 2464 innovative Spanish firms, we find evidence that R&D cooperation, external knowledge acquisition and experience with knowledge search are key antecedents of a firm's PAC.
How much money should one invest in external data acquisition?
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