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Merging firms, both acquirer and target, need to find internal alignment on the motivation behind an acquisition, such as leveraging knowledge or capabilities, and choose the level of integration accordingly (Puranam and Srikanth 2007), before defining the degree of structural integration.

In addition to these important recursive functions, these cumulative components are resources in their own right yielding concrete benefits in support of research outcomes, such as leveraging an affiliation with a high calibre centre in support of a funding application.

These initiatives will help to open new avenues of funding previously untapped for health, such as leveraging private sector contributions to match ongoing donor-funded projects; pooled funding specifically available for women's and children's health; and crowdsourcing.

Their response to these challenges has been to redouble their efforts in sustaining innovation, such as leveraging previous hit products the way that consumer products companies, technology developers and car makers have.

Similar(54)

Past interactive events, such as Leverage by Mexican artist Pedro Reyes, had patrons delightedly playing on what resembled a giant see-saw.

Instead of using financial information such as leverage and asset size, which may not be publicly available, the paper relies on econometric techniques to tease out systemic risk.

Many that appear hot are merely the beneficiary of a risky quirk, such as leverage.Daily results, Mr Markov says, would provide real transparency in most, but not all cases.

One proposal is sure to make the hair stand up on hedge-fund managers' necks: pools of private capital that live on borrowed money should have to register with a regulator and produce regular reports, disclosing things such as leverage and performance.

The crisis revealed that issues such as leverage, liquidity, and the quality of capital determined financial stability and their deficiencies spread the negative effects of the crisis.

The crisis has shown us that indicators such as leverage and liquidity must be evaluated from a system-wide perspective as well as at the level of individual firms.

To truly end the "too big to fail" problem and crack down on the reckless behavior of the biggest banks, we need strong, specific preventative measures such as leverage limits, capital and margin requirements, limits on counterparty exposures, a ban on proprietary trading and limits on bank size through a low cap on total liabilities.

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