Research Article

The Impact of Business Strategic Orientation on Innovation-Driven Mergers and Acquisitions: An Empirical Study

Table 5

Score statistics of different firm strategies.

VariableObserved valueMean valueStandard deviationMaximumMinimum

Prospective12524.961.27893024
Defensive14711.2449.9406129
Analytical259717.86912.74992313