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 Survey (CIS). The empirical results demonstrate that R&D location matters for profitability. Firms with both domestic …

as reduced remuneration and job loss. However, managers might over-invest into innovation for reasons of growth implying … their own interests. When entrenched, managers do not fear detrimental effects of risky innovation projects on their career …, and hence tend to over-invest into innovation. …

Wir untersuchen die Rolle von Vertragstypen und Zugangsregulierung auf Innovation und Wettbewerb. In einem Duopolmodell …

productivity whereas it exhibits a positive and significant impact on their innovation activity. …