We investigate the competitive effects of the merger between Delta Air Lines and Northwest Airlines (2009) in the … increases of about 11 percent on overlapping routes and about 10 percent on routes which experienced a merger-induced switch of … the operating carrier. Over a longer period, however, our analysis reveals that both merger efficiencies and post-merger …

larger price increases than mergerrelated exits. Within the merger category, our analysis reveals significant price increases … on all affected routes immediately after the exit events. In the medium and long-run, however, realized merger …

America West Airlines - US Airways merger completed in 2005. We find that although average prices increased substantially on … routes in which both airlines competed either on a non-stop or one-stop basis prior to the merger, substantial average price … reductions observed for routes without any premerger overlap suggest that the merger led to a net increase in consumer welfare. …

Theoretical research has investigated the relevance of entry-inducing effects as countervailing factor to a merger …-related increase in market power. We use route-level data for the America West Airlines - US Airways merger (2005) to investigate …

Our study shows empirically that the choice of resource allocation strategy affects innovation performance. A policy of … allocating resources to a broader range of innovation projects increases sales of new products, especially if these are truly … stronger for firms that allocate resources more selectively at later stages of the innovation process. Based on these results …

known about how the direction of search strategies influences innovation performance. In this paper, we argue that firms … that being open for innovation generally pays off. However, both moderating factors have a crucial role to play: On the one … novel knowledge and to enhance innovation performance. We develop targeted management recommendations based on these results. …

This paper investigates the impact of in-house R&D and innovation management practices on innovation success in small … innovation management tools in order to achieve innovation success. We analyse whether such a strategy can pay off. Based on data … from the German CIS we find that R&D activities are a main driver for innovation success if combined with external R …

Competitors can be valuable sources and partners for innovation activities. Against the background of international …