The thesis has the objective of explore the relationship between innovation and corporate takeovers, examining how strategic acquisitions impact innovation within the acquiror and target firms. To introduce the study, in the first section is performed an analysis of what M&A are highlighting the main drivers of corporate takeovers and what are the strategic reasons that influence management behaviour. In the second section is performed an analysis of how and why firms innovate, specifically in the high-tech market, a review of the literature is presented to support the study. The third section contains the effective work, some of the literature’s suggestions are tested, specifically the link between source of innovation (namely R&D investment) and the market of corporate takeover.