Showing 1 - 10 of 27
share of sales from product innovations is not significantly affected by a foreign takeover for a given amount of innovation …
Persistent link: https://www.econbiz.de/10003729056
association with post-merger patenting is mainly driven by patents invented in the countries of the acquirers headquarter and its …
Persistent link: https://www.econbiz.de/10009667478
This paper uses a rich panel data set of Indian manufacturing firms to analyze the effects of domestic and international acquisitions on various outcomes at target firm and product level. We apply recent methodological advances in the estimation of production functions together with information...
Persistent link: https://www.econbiz.de/10011548253
This paper analyzes the effects of cross-border mergers and acquisitions (M&As) on the innovation of European firms. The results indicate a considerable increase in post-acquisition innovation in the merged entity. This is mainly driven by inventors based in the acquirer's country, while...
Persistent link: https://www.econbiz.de/10010401729
predicts that a merger is more likely to be profitable in an innovation intensive industry. For a high degree of firm … heterogeneity, a merger reduces innovation of both the merged entity and non-merging competitors in an industry with high R … consistent with many predictions of the theoretical model. Our main result is that after a merger, patenting and R&D of the …
Persistent link: https://www.econbiz.de/10011448793
set of industries. We exploit expert market definitions from the European Commission's merger decisions to identify … particularly pronounced in markets with few players, high initial markups and concentration. We also provide evidence that merger … rivals reduce their employment, sales and investment, while their profits increase around the time of a merger. …
Persistent link: https://www.econbiz.de/10012061779
This paper analyzes the effects of a merger between a German supermarket chain and a soft discounter on consumer prices … indicate that both insiders and outsiders raised average prices after the merger, particularly in regions with high expected …
Persistent link: https://www.econbiz.de/10011781038
data from the European Commission’s market assessments in merger decisions with production data, we use recent … the performance of almost 600 rival firms in close to 200 merger cases before and after the change in market structure … increase their markups in the years after a merger. The effects are concentrated in markets with few competitors, among firms …
Persistent link: https://www.econbiz.de/10012317414
inputs and outputs. Results are mixed for outcomes related to variety and product quality. Literature on merger effects on … derive a number of ideas and options for merger policy. …
Persistent link: https://www.econbiz.de/10014310467
German firms with a merger and acquisition database. After a cross-border acquisition, investing firms display a higher rate …
Persistent link: https://www.econbiz.de/10011609709