acquisitions. On the one hand, patents are used as a building instrument for the acquirer's technology portfolio. On the other hand …-based view of the firm, we analyze the importance of these two faces of technology acquisition for the valuation of a target firm …'s patents, especially if blocking patents are in technology fields related to the acquiring firm's patent portfolio. Our results …

value of patents and their potential to block competitors in technology markets. Our empirical results for European firm … firms with valuable patents. However, patents with a potential to block technology competitors seem to be only of interest …

acquisitions. On the one hand, patents are used as a building instrument for the acquirer's technology portfolio. On the other hand …-based view of the firm, we analyze the importance of these two faces of technology acquisition for the valuation of a target firm … blocking patents are in technology fields related to the acquiring firm's patent portfolio. Our results have implications for …

[Innovation in Chemistry & the Chemical Industry in Germany] The chemical industry is one of the key sectors in the … German innovation system. Being devoted to research and innovation, the chemical industry is leading the development and … industries build their innovative efforts. The innovation performance of the chemical industry in Germany can be demonstrated by …

We analyze the effects of captive off-shoring of innovation activities on the firms' ability to adapt their … Community Innovation Survey to test our hypotheses. We find an inverted u-shape of innovation off-shoring on the effectiveness … of organizational adaptability, implying an optimal threshold value of innovation off-shoring. This value is 11% for …

This study examines how industry-specific managerial experience affects firms' innovation performance in the context of …